The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Indonesia to hike imports of higher quality fuel

Published Wed, Nov 19, 2014 · 09:50 PM
Share this article.

Jakarta

INDONESIA will increase imports of higher quality unsubsidised fuel by 600,000 barrels in December to help meet an expected quadrupling of demand after the government hiked prices for subsidised fuel, an energy official said on Tuesday.

Indonesian President Joko Widodo on Monday raised subsidised petrol and diesel prices by more than 30 per cent to help fund his reform agenda, a move expected to save the governm…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here