ID :
19063
Fri, 09/12/2008 - 10:50
Auther :

2009 FUEL SUBSIDY DOWN 20 PCT

Jakarta, Sept 11 (ANTARA) - The House of Representatives (DPR) and the government agreed Thursday to a 20 percent cut in 2009 fuel subsidy to Rp100.6 trillion from a year earlier following a drop in global crude prices.

Fuel consumption in 2009 was projected at 36.9 million kiloliters, up 3 percent from 35.6 million kiloliters quoted in the revised 2008 state budget, the coordinator of the House's working committee for assumptions in the draft 2009 state budget, Harry Azhar Azis, said.

"The fuel subsidy is for 19.4 million kiloliters of premium grade gasoline, 5.8 million kiloliters of kerosene, 11.6 million kiloliters of diesel oil, and gas equivalent to 4 million kiloliters of kerosene under the kerosene-to-gas conversion program," he said.

"Electricity subsidy is still being discussed by the committee," he said.

Earlier, the committee also agreed to the assumed oil production of 960,000 barrels per day for 2009.

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