Indonesia to exceed quota for subsidised diesel, kerosene use
Published on Apr 15, 2014 4:23 PM
JAKARTA (Reuters) - Indonesia' state-owned oil and gas company, Pertamina, expects the country's consumption of subsidised diesel and kerosene to exceed its quota by around a fifth each this year.
"Don't be surprised if at the end of this year we will limit diesel distribution," the firm's marketing director, Hanung Budya, told the Green Mining and Investment Forum at a meeting of administrative officials in Jakarta on Tuesday.
Diesel demand was growing at around 6.2 per cent per year, Budya said.
Subsidised diesel consumption is expected to reach 16.87 million kilolitres, 19.4 per cent above the quota of 14.14 million kl, he added.
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