Indonesia limits fuel purchases ahead of price rise: report

Indonesia’s oil and gas company Pertamina has set limits on subsidised fuel purchases ahead of the government’s plans to hike fuel prices, reports said Saturday.

In an announcement sent to petrol stations around the capital and several other cities, Pertamina has limited retail purchases of gasoline and diesel fuel to 75,000 rupiah (8 dollars) for private cars.
Subsidised gasoline costs 4,500 rupiah per litre and diesel 4,300 rupiah.

Pertamina vice president Djaelani Sutomo told the Jakarta Post the move aimed to prevent hoarding ahead of the price hike.

“We are doing this to control consumption, which has jumped significantly since the government announced its plan to raise domestic fuel price,” he said.

Asia Times