President Joko Widodo (Photo:Ant)
President Joko Widodo (Photo:Ant)

Jokowi Wants Gas Prices Lowered to USD5/mmbtu

Githa Farahdina • 04 October 2016 17:49
medcom.id, Jakarta: President Joko Widodo has instructed his cabinet to lower gas prices in Indonesia
 
Jokowi said gas prices in the country are around USD9-10/mmbtu. The prices even could reach USD11-12/mmbtu.
 
"It should be around USD5-6/mmbtu," he said during a cabinet meeting at the Presidential Palace in Jakarta on Tuesday (4/10).

"I don't want we lose against other countries because of expensive gas prices," he continued.
 
Jokowi mentioned gas prices in Malaysia and Singapore are around USD4/mmbtu. Meanwhile gas prices in Vietnam are around USD7/mmbtu.
 
"We should simplify the gas supply chain," he concluded.
 
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(WAH)

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