6 June 2017 – The cost of Indonesia’s subsidy on liquefied petroleum gas (LPG) is increasing, leading to the country paying at least half of the cost of the fuel, said an official from state-owned energy company Pertamina on Tuesday. Three kg containers of LPG are sold at 4,750 rupiah per kilogram while the breakeven price is about 10,500 rupiah. The government is now considering a price hike by up to 1,000 rupiah but no decision has been made yet. Read the full article on Reuters.
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