JAKARTA: Energy and Mineral Resources Minister Bahlil Lahadalia says despite the price hike on April 1, domestic aviation turbine fuel (avtur) is regionally “competitive” and still more affordable compared to other countries.
“Pertamina has indeed increased prices, but compared to aviation fuel prices in other countries, especially neighbouring countries, we are still much more competitive,” Bahlil told reporters on Monday, referring to the state-owned energy giant.
He said that avtur prices largely followed market mechanisms because of their direct link to the international airline industry.
Indonesian airports regularly refuelled foreign carriers, thereby tying domestic prices to global energy dynamics.
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