Premium BBM Cancel Removed

Jakarta, CNN Indonesia

President Joko Widodo (Jokowi) implies the sale of Fuel Oil (BBM) type premium cancel deleted. This is implied in the latest provisions regarding the supply, distribution, and retail price of fuel.

The provision in question is the Presidential Regulation (PP) of the Republic of Indonesia Number 117 of 2021 concerning the Third Amendment to Government Regulation Number 191 of 2014 concerning the Supply, Distribution and Selling Price of Retail Fuel which was ratified on December 31, 2021.

A number of regulations in PP No. 191 of 2014 which have been amended are Article 3 for paragraphs (3) and (4) and the addition of Article 21 B and Article 21C, among others stipulating: Types of Special Assignment BBM are gasoline type fuel with minimum RON 88, namely premium for distributed in the assignment area which covers the entire territory of the Republic of Indonesia (paragraphs 2 and 3).

The regulation also changes the assignment area for premium distribution in Presidential Decree 191 of 2014 which is excluded in seven regions, namely DKI Jakarta, Banten, West Java, Central Java, Yogyakarta, East Java, and Bali. So, currently there are no exceptions for the premium distribution assignment area.

In addition, the minister can determine changes in the type of fuel for special assignments and the assignment area based on the results of a coordination meeting chaired by the minister who organizes coordination, synchronization and control of ministerial affairs in the administration of government in the economic sector.

Other changes are also related to the composition and price formula, namely between Article 21A and Article 22, 2 articles are inserted, namely Article 218 and Article 21C.

Article 21B paragraph (1) states that in order to support clean and environmentally friendly energy, the type of gasoline RON 88, namely premium which is 50 percent of the volume of the type of gasoline RON (90), namely pertalite provided and distributed by the business entity receiving the assignment is treated as a type of fuel. special assignment since June 1, 2021 until determined by the minister.

Furthermore, in the amendment to the regulation, Article 21 B paragraph (2) is also added which regulates the basic price formula, market index price, and retail selling price of RON 88 (premium) fuel oil as a component of fuel that makes up the type of RON 90 gasoline referring to provisions for the type of RON 88 as a special type of fuel for assignment.

The regulatory agency will verify the volume of the Special Assignment Fuel type. Meanwhile, the examination and/or review of premium volume calculations is carried out by an authorized auditor.

Based on the results of the audit and/or review of the auditor’s calculations, the Minister of Finance shall determine the compensation payment policy after coordinating with the Minister of Energy and Mineral Resources and the Minister of SOEs (paragraph 5).

Meanwhile, the compensation payment policy is implemented according to the state’s financial capacity.

Finally, the regulatory agency assigns assignments to business entities receiving assignments for the supply and distribution of the Special Fuel for the Assignment.

In Article 21 C, Jokowi mandates the Minister of Energy and Mineral Resources to compile and determine a clean and environmentally friendly fuel roadmap, based on a coordination meeting chaired by the Coordinating Minister for the Economy.

[Gambas:Video CNN]



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