Faisal Basri Recommend Clear Premium

Faisal Basri

Faisal Basri Recommend Clear Premium

Headline - Oil and Gas Governance Reform Team recommends to the government to immediately switch from gasoline RON 88 to Mogas 92 or equivalent with PERTAMAX. Indonesia became the sole buyer of RON 88 with a much larger volume than the Mogas 92 transactions in Southeast Asia.

"First, it provides a better choice for people who have an impact good for the economy in the form of positive externalities, so that it can calibrate the increase in the cost of procurement and import of certain fuel due to the increase in fuel quality," said Faisal Basri in the Ministry of Energy and Mineral Resources, in Jakarta, Sunday, December 21, 2014 .

Then he went on the principle that has been the discovery of the two formulas can mencerinkan real situation better than complicated calculations assuming that the data has expired, so the calculation of the benchmark prices better reflect the price through market mechanisms that really happened, transparent, and accountable.

"Anyone can count on this day, if you try to count the origin has a data MOPS 92 a month ago. It must have a subscription but research institutes, and then multiplied by the current exchange rate," said Faisal.

Third, changes in the reference price should not increase the burden of the people, both directly and indirectly.

He added that, for the fourth principle of the reference price calculation formula becomes simpler and fuel importation process does not require mixing (blending).

"The principle of the fifth, the subsidy policy has included the reference price of fuel and the retail price, excluding taxes, can encourage people to make changes in fuel consumption patterns towards more quality and environmentally friendly and encourage resktrukturisasi petroleum industry," he said.

Although in the US are still using 88 RON, but his team has its own arguments, namely the higher RON then efiesinsi fuel use is increasing, if you can increase the efficiency why not choose.

"Finally, policy changes can be applied to the condition of infrastructure capacity and quality of existing oil refineries in the country," he said.