Decrease in Industrial Gas Prices, Credibility of President Jokowi Is at Risk

By : Hariyanto And Aldo Bella Putra | Thursday, February 22 2018 - 18:00 IWST

Migas Ilustrasi
Migas Ilustrasi

INDUSTRY.co.id - Jakarta, Forum of Natural Gas Industry (FIPGB) assesses the determination of the decline in gas prices for industry into betting credibility of President Joko Widodo (Jokowi).

"The credibility of the President is currently at stake, Presidential Regulation No. 40/2016 is still not realized," said FIPGB Chairman Achmad Safiun to INDUSTRY.co.id in Jakarta, Thursday (22/2/2018).

He added that Presidential Decree Number 40/2016 has a very strong legal force. "This is the form of the Presidential Regulation, so the law is already strong," he said.

According Safiun, President Jokowi has instructed his minister to immediately realize the Presidential Regulation.

"The President has instructed the Coordinating Minister for the Economy, and Mrs. Sri Mulyani has been able to, so what should be waiting for," said Safiun.

Furthermore, he asked the President to be angry once, because the dead industry will not live again. "The government should not think what, the important road industry, because the industry is the backbone of Indonesia's economy," he said.

As is known, already a year more since President Joko Widodo issued Presidential Regulation (Perpres) No.40 of 2016 on the determination of natural gas prices. Then coupled with Presidential Instruction is on October 4, 2016 for industrial gas price of US $ 5-6 per MMBTU. In fact, until now the price of gas for industry is still in the range of US $ 9-9,5 per MMBTU.

The decline in industrial gas prices is believed to spur national economic growth, while too high gas prices today are considered not only undermine the competitiveness and domestic products in the market, as well as making the line of investors refrain from investing in Indonesia to invest in industrial sectors .

News Comment

Today's Industry

Kementan dan teknologi iradiator

Sabtu, 22 September 2018 - 21:30 WIB

Ministry of Agriculture Utilizes Gamma Iradiator Technology to Encourage Fresh Fruit Exports

South Tangerang - Indonesia as a tropical country has quite high fruit variants. Every region in the country has superior products and has been planted on a fairly large scale. In addition to…

Mentan Amran

Sabtu, 22 September 2018 - 21:00 WIB

Optimistic Minister of Agriculture Indonesia Can Have the Best Training Center in the World

Lembang - Agriculture Minister Andi Amran Sulaiman made a working visit to the Lembang Agricultural Training Center (BBPP) on Thursday (9/21). During this visit, Amran called on the employees…

Mentan Andi Amran Sulaiman, Menteri BUUMN Rini Soemarno, Menteri Desa PDT (Foto Humas)

Sabtu, 22 September 2018 - 20:30 WIB

Take Good Care of Agricultural Production, The Performance of the Minister of Agriculture Amran Asked not to be disturbed

Jakarta - Minister of Agriculture (Minister of Agriculture) Amran Sulaiman is considered to have demonstrated maximum work in maintaining the stock of food availability. Production in the agricultural…

Kepala (BPPSDMP) Kementan Momon Rusmono

Sabtu, 22 September 2018 - 20:00 WIB

Ministry of Agriculture Affirms the Commitment of Farmers' Welfare in the Main Meeting of the KTNA Group

Pangkal Pinang - Ministry of Agriculture affirms its commitment to encourage national food productivity to improve farmers' welfare. The existence of farmer groups is very important to empower…

Jaksa Agung, HM Prasetyo

Sabtu, 22 September 2018 - 19:30 WIB

AGO Appreciates Lombok's Earthquake Fund OTT

Jakarta - Attorney General Muhammad Prasetyo appreciated the performance of the Mataram District Prosecutor's Office, West Nusa Tenggara, who carried out the Lombok earthquake fund capture operation…