Government may limit fuel sales to private vehicles

Indonesia Media

With further increases to the fuel subsidy as a result of skyrocketing oil prices, the government is considering limiting sales of subsidized fuels to private vehicles.

 

State Minister for National Development Planning Paskah Suzetta said in his office Tuesday that if crude prices reached US$100 a barrel next year and the country’s net oil production was lower than the targeted 1.034 million barrel per day, limiting the sale of the subsidized fuels to private cars wouldbe an option.

 

“If the production is secure, then there will not be a problem. But if not, we will make some adjustments by limiting the sales of subsidized fuel to private vehicles,” Paskah said.

 

Energy analyst Kurtubi said he was unconvinced the oil production target could be achieved given the decline in the production of the country’s existing oil wells. (Andi Haswidi)

 

       

 


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