Fuel Prices Indonesia - Revision history

Ranisha at 16:02, 15 July 2014

2014-07-15T16:02:27Z

Armin Wagner at 15:45, 25 March 2013

2013-03-25T15:45:51Z

Armin Wagner at 15:42, 25 March 2013

2013-03-25T15:42:32Z

Armin Wagner at 11:52, 18 February 2013

2013-02-18T11:52:20Z

Armin Wagner at 11:50, 18 February 2013

2013-02-18T11:50:47Z

Tai Becker: Protected "Fuel Prices Indonesia" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

2012-12-04T10:44:04Z

Protected "Fuel Prices Indonesia" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

Ingmar Schlecht: 1 revision

2012-12-02T17:34:37Z

1 revision

Ingmar Schlecht: Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

2012-11-14T16:44:48Z

Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

New page

{{Fuel Price Factsheet
|Fuel Price Country=Indonesia
|Fuel Currency=IDR
|Fuel Price Exchange Rate=8849.6
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=2011/05/01
|Fuel Price Composition Date=
|Fuel Price Composition Annotation=Transport fuels are highly subsidized in Indonesia, resulting in fuel prices that are among the lowest in Asia. As of February 2011, about 43% of the actual costs of 88 octance gasoline are covered by the government through subsidies (→App. A2)

A detailed price breakdown is not available online, hints welcome.
|Fuel Pricing Policies=Transport fuels in Indonesia are highly subsidized. The price for subsidized fuel is fixed and changes on an ad-hoc basis. However, only the retailing companies Pertamina and AKR Corporindo are allowed to sell subsidized diesel and gasoline at the pump (only 88 octance gasoline is subsidized, →App. A2). Other retailers, as e.g. Shell, are only allowed to sell non-subsidized diesel and gasoline (92 and 95 octance). The price difference is immense: As of Feb2011, the subsidized price for 88 octane gasoline was 4500 IDR, while non-subsidized gasoline starts from 8000 IDR (and higher, depending on the quality).

Because the subsidies mean an immense burden for the national budget, several ways of how subsidies can be reduced were investigated for the last years. A proposal in early 2011 was to limit the amount of subsidized fuels sold, e.g. by stopping subsidies for private car owners (while mass transit, industries, etc. still receive subsidies; see →App.A2).
|Fuel Matrix Price Level=2
|Fuel Matrix Pricing Mechanism=3
|Fuel Matrix Annotation=Subsidized fuel is on price level "low" with a price mechanism between "ad hoc" and "liberalized"

No official information found yet; hints welcome!
|Fuel Transparency Price Composition=1
|Fuel Transparency Pricing Mechanism=1
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Pump prices and margins
|Fuel Price Factsheet Source Link=http://www.shell.co.id/home/content/idn/products_services/on_the_road/fuels/our_price/
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Other Information
|Fuel Price Factsheet Source Link=http://www.iisd.org/pdf/2010/lessons_indonesia_fossil_fuel_reform.pdf
|Fuel Price Factsheet Source Annotation=GSI: Lessons learned from Indonesia’s attempts to reform fossil-fuel subsidies
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Other Information
|Fuel Price Factsheet Source Link=http://www.globalsubsidies.org/files/assets/ffs_gsiunepconf_sess2_askolani.pdf
|Fuel Price Factsheet Source Annotation=Fuel Subsidy Policy in Indonesia
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Other Information
|Fuel Price Factsheet Source Link=http://www.pertamina.com/
|Fuel Price Factsheet Source Annotation=Fuel Subsidy Policy in Indonesia
}}

@@ Line 5: / Line 5: @@
 Shifting subsidy from kerosene to LPG: To reduce government’s expenditure on the kerosene subsidy, Pertamina launched a kerosene-to-LPG conversion program in May 2007, in which the coverage of areas where subsidized kerosene is being sold is being diminished to zero over time. The free starter package includes a stove, a 3-kg cylinder, a hose and a regulator. The program targets households and micro-businesses. In July 2012, Pertamina reported that it had distributed 54 million packages and saved Rp. 61.6 trillion (US$6.5 billion) in fuel subsidies since the start of the conversion program. It is not clear if these savings are net of (now much larger) LPG subsidies.
-Consequences of subsidies: Annual government expenditures on fuel subsidies soared to US$23 billion in 2012.
+Consequences of subsidies: Annual government expenditures on fuel subsidies soared to US$23 billion in 2012. Siphoning off LPG from small cylinders to transfer it to larger cylinders has been partially blamed for some of the series of LPG cylinder explosions―responsible for at least 22 deaths―in the early stages of kerosene-to-LPG conversion campaign.
-Year	2006	2007	2008	2009	2010	2011	2012
-US$ billion	7.0	9.2	14.3	4.3	9.1	18.8	22.6
-% of GDP	1.9	2.1	2.8	0.8	1.3	2.2	2.6
-Source: Government of Indonesia.
 Siphoning off LPG from small cylinders to transfer it to larger cylinders has been partially blamed for some of the series of LPG cylinder explosions―responsible for at least 22 deaths―in the early stages of kerosene-to-LPG conversion campaign.
 Rationing subsidized fuels: Despite a 2006 presidential decree forbidding consumption of subsidized gasoline and diesel by industrial consumers, downstream regulator at the time, BPH Migas, said in Sep 2010 that such consumption was continuing and ordered Pertamina to stop selling―BPH Migas estimated that industries consumed no less than 15% of the subsidized fuel quota. In May 2012, the Indonesian president announced new measures to contain fuel subsidies, including a ban on the purchase of subsidized fuels by state enterprises, government officials, plantation, and mining companies, and electronic tracking of sales of subsidized fuels.

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Indonesia
-|Fuel Pricing Policies=Transport fuels in Indonesia are highly subsidized. The price for subsidized fuel is fixed and changes on an ad-hoc basis. However, only the retailing companies Pertamina and AKR Corporindo are allowed to sell subsidized diesel and gasoline at the pump (only 88 octance gasoline is subsidized, →App. A2). Other retailers, as e.g. Shell, are only allowed to sell non-subsidized diesel and gasoline (92 and 95 octance). The price difference is immense: As of Feb2011, the subsidized price for 88 octane gasoline was 4500 IDR, while non-subsidized gasoline starts from 8000 IDR (and higher, depending on the quality).
+|Fuel Pricing Policies="Pricing policy: The prices of one grade each of gasoline and diesel, kerosene (for households and small businesses), and LPG are controlled and heavily subsidized. LPG sold in 3-kg cylinders is heavily subsidized at Rp 4,250 (US$0.44)/kg. LPG in 6-kg and 12-kg cylinders is sold at Rp 5,950 (US0.62)/kg and LPG in 50-kg cylinders at Rp 7,455 (US$0.79)/kg. The prices of other grades of gasoline and diesel are market-based, but the national oil company Pertamina, and not government, subsidizes LPG sold in larger cylinders, reportedly costing Pertamina Rp. 3.8 trillion (US$0.43 billion) in 2011. The price of LPG subsidized by government has been frozen for years. After raising fuel prices twice in 2005 and once in 2008, government lowered the prices of gasoline and diesel (but not kerosene) in Dec 2008 and Jan 2009, and has not adjusted prices since. In Mar 2012, the parliament voted to block government’s plan to raise fuel prices and agreed to a price increase only if the price of Indonesian crude averages US$121/bbl over 6 months. Government sets an annual subsidized fuel sales quota and fuel subsidy budget, both of which are typically exceeded. Government revised its subsidized fuel quota in 2011 to 40.49 million kl from the original volume target of 38.59 million kl, but the final figure was 41.8 million kl, 8% higher than the original budget. The quota for 2012 was 40 million kl, but consumption exceeded 45 million kl.
-Because the subsidies mean an immense burden for the national budget, several ways of how subsidies can be reduced were investigated for the last years. A proposal in early 2011 was to limit the amount of subsidized fuels sold, e.g. by stopping subsidies for private car owners (while mass transit, industries, etc. still receive subsidies; see →App.A2).
+Shifting subsidy from kerosene to LPG: To reduce government’s expenditure on the kerosene subsidy, Pertamina launched a kerosene-to-LPG conversion program in May 2007, in which the coverage of areas where subsidized kerosene is being sold is being diminished to zero over time. The free starter package includes a stove, a 3-kg cylinder, a hose and a regulator. The program targets households and micro-businesses. In July 2012, Pertamina reported that it had distributed 54 million packages and saved Rp. 61.6 trillion (US$6.5 billion) in fuel subsidies since the start of the conversion program. It is not clear if these savings are net of (now much larger) LPG subsidies.
-"The prices of one grade each of gasoline and diesel, kerosene (for households and small businesses), and LPG sold in 3-kg cylinders are controlled and heavily subsidized. The prices of other grades of gasoline and diesel are market-based, but Pertamina, and not government, subsidizes LPG sold in larger cylinders, reportedly costing Pertamina Rp. 3.8 trillion (US$0.43 billion) in 2011. The price of LPG subsidized by government has been frozen for years. After raising fuel prices twice in 2005 and once in 2008, government lowered gasoline and diesel (but not kerosene) prices in Dec 2008 and Jan 2009, and has not adjusted prices since. In both 2005 and 2008, government carried out a time-bound, large-scale cash transfer program targeting the poor and near-poor to compensate them for fuel price increases. Government sets an annual subsidized fuel sales quota and fuel subsidy budget, both of which are typically exceeded. Indonesia revised its subsidized fuel quota in 2011 to 40.49 million kl from the original volume target of 38.59 million kl, but the final figure was 41.8 million kl, 8% higher than the original budget. The quota for 2012 is 40 million kl, but consumption is likely to exceed 45 million kl. Annual government expenditure on fuel subsidies soared to US$29 billion in 2011."
+Consequences of subsidies: Annual government expenditures on fuel subsidies soared to US$23 billion in 2012.
 (Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Indonesia
@@ Line 16: / Line 17: @@
 |Fuel Price Exchange Rate Date=2010/11/17
 |Fuel Price Last Updated=2011/05/01
-|Fuel Price Composition Annotation=Transport  fuels are highly subsidized in Indonesia, resulting in fuel prices that are among the lowest in Asia. As of February 2011, about 43% of the actual costs of 88 octance gasoline are covered by the government through subsidies (→App. A2)
+|Fuel Price Composition Annotation=Transport fuels are highly subsidized in Indonesia, resulting in fuel prices that are among the lowest in Asia. As of February 2011, about 43% of the actual costs of 88 octance gasoline are covered by the government through subsidies (→App. A2)
 A detailed price breakdown is not available online, hints welcome.
@@ Line 26: / Line 27: @@
 |Fuel Transparency Price Composition=1
 |Fuel Transparency Pricing Mechanism=1
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Pump prices and margins
 |Fuel Price Factsheet Source Link=http://www.shell.co.id/home/content/idn/products_services/on_the_road/fuels/our_price/
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://www.iisd.org/pdf/2010/lessons_indonesia_fossil_fuel_reform.pdf
 |Fuel Price Factsheet Source Annotation=GSI: Lessons learned from Indonesia’s attempts to reform fossil-fuel subsidies
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://www.globalsubsidies.org/files/assets/ffs_gsiunepconf_sess2_askolani.pdf
 |Fuel Price Factsheet Source Annotation=Fuel Subsidy Policy in Indonesia
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://www.pertamina.com/
 |Fuel Price Factsheet Source Annotation=Fuel Subsidy Policy in Indonesia
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://uk.reuters.com/article/2010/03/12/indonesia-oil-subsidy-idUKSGE62B0CS20100312
 |Fuel Price Factsheet Source Annotation=A1
-}}
+}} {{Fuel Price Factsheet Source
 {{Fuel Price Factsheet Source
 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://www.thejakartaglobe.com/bisindonesia/indonesia-should-delay-fuel-subsidy-limits-minister-says/424765
 |Fuel Price Factsheet Source Annotation=A2
 }}

@@ Line 4: / Line 4: @@
 Because the subsidies mean an immense burden for the national budget, several ways of how subsidies can be reduced were investigated for the last years. A proposal in early 2011 was to limit the amount of subsidized fuels sold, e.g. by stopping subsidies for private car owners (while mass transit, industries, etc. still receive subsidies; see →App.A2).
 |Fuel Currency=IDR
 |Fuel Price Exchange Rate=8849.6