Effective May 03, 2002, the cost of a liter of fuel increased again, only one month after a similar hike.
A liter of premium grade fuel now costs Rp. 1,750 and diesel fuel Rp. 1,390 a liter.
The rapid drastic increases in the cost of fuel reflect the Government's new policy of removing subsidies on fuel and tying the price to current market prices.
Recent History of Fuel Prices in Indonesia
Conspicuous Environmentalism: Unleaded Gas In Time For Conference?
Premium per liter
Diesel per liter
8 January 1993
5 May 1998
16 May 1998
01 April 2000
16 June 2001
29 September 2001
17 January 2002
01 April 2002
03 May 2002
The Government has also announced that efforts are underway to make sure that unleaded gasoline is available at Bali's gas pumps in time for the major United Nation's Conference on Sustainable Development planned for late May. Since Indonesia does not yet produce such fuel, market observers assume the supply will be imported from Singapore.
Whether unleaded gas will continue to be available in Bali after the conference or how local drivers will manage to recalibrate their engines in order to run smoothly with the new energy source remains unanswered questions.
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