"It will be good if we can achieve 50 percent of the target of lowering subsidized premium gasoline by 6.21 million kiloliters. But we will make a constant effort to achieve 100 percent of the target," Energy and Mineral Resources Minister Jero Wacik said at a working meeting with the House of Representatives (DPR)`s Commission VII here on Monday.
He said the implementation of the program would face many obstacles so that the target would be difficult to achieve.
The target included reduction of subsidized premium gasoline consumption by 5.8 million kiloliters for private four-wheeled vehicles in Java and Bali starting April 1, 2012.
Under the program, the government expects the use of compressed natural gas (CNG) for an estimated 44 thousand cars will reduce subsidized premium gasoline by 0.18 million kiloliters and the use of liquefied gas for 250 thousand public and private cars would reduce 0.23 million kiloliters of subsidized premium gasoline.
At the meeting, the minister also reported the mechanism of limiting the use of subsidized fuel oils as of April 1, 2012.
The program requires official cars, private cars and executive-class taxis to use non-subsidized fuel oils, while public transport cars, motorcycles and non-executive class taxis are allowed to use subsidized fuel oils.(*)
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Editor: Jafar M Sidik
Copyright © ANTARA 2012
