Indonesia Cuts Prices of Select Non‑Subsidised Fuels Amid Subsidy Targeting Debate

On 23 July 2026 Indonesian fuel retailers—including Pertamina, Shell, BP‑AKR and Vivo—maintained most retail fuel prices but lowered the rates of several non‑subsidised diesel and premium gasoline products. Pertamina reduced Pertamax Turbo to Rp19 300 per litre, Pertamina Dex to Rp21 150 and Dexlite to Rp19 700. Shell and BP‑AKR also cut their V‑Power diesel to Rp21 340 per litre. The price adjustments followed a July‑early review of global oil prices and domestic fiscal considerations.

The Ministry of Energy, led by Bahlil Lahadalia, signalled that further reductions for non‑subsidised fuels such as Pertamax could occur if world oil prices continue to fall, stressing the need to balance consumer impact with the interests of oil‑producing enterprises. Concurrently, Finance Minister Purbaya Yudhi Sadewa highlighted that affluent consumers still purchase subsidised fuels like Pertalite, urging tighter targeting of the subsidy programme and requesting details on Pertamina’s technology for monitoring fuel distribution.

These developments reflect coordinated government and industry actions to stabilise fuel costs, adjust subsidies and address distribution inefficiencies in Indonesia’s fuel market.