Pertamina raises prices of non-subsidized fuels in Indonesia

State-owned oil and gas company PT Pertamina raised the pump price of non-subsidized fuel in Indonesia, in response to the rising cost of crude oil. Pertamina raised the price of Pertamax fuel in Greater Jakarta to Rp 9,050 (US$1.05) per liter, up 4%. Pertamax Plus in Greater Jakarta is now priced at Rp 10,000 (US$1.16) while Pertamina Dex diesel is priced at Rp 10,350 (US$1.20). Competitors, such as Royal Dutch Shell, which has 50 retail outlets in Greater Jakarta and East Java, likewise boosted Shell Super, a 92-octane gasoline, to Rp 9,050 in Greater Jakarta. (May 3,2011)