The Indonesian government is considering limiting sales of subsidized fuels to private vehicles due to skyrocketing oil prices, local press said Wednesday.
The government considered such an option when crude price reaches 100 U.S. dollars a barrel and the country's net oil was lower than the targeted 1.03 million barrels per day, reported English-language newspaper The Jakarta Post.
"If the (oil) production is secure, there will not be a problem. But if not, we will make some adjustments by limiting the sales of subsidized fuel to private cars," State Minister for National Development Planning Paskah Suzetta was quoted as saying.
Paskah said the fuel subsidy would reach 90 trillion rupiah (9.9 billion dollars) this year alone, far above the initial projection of 55 trillion rupiah (6 billion dollars).
Source:Xinhua
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