Jakarta (ANTARA News) - Down-stream oil and gas industry regulatory body (BPH MIGAS) has predicted that the quota of subsidized premium oil will run out on November 24, 2012.

"Meanwhile, diesel oil will run out on December 9 this year", the BPH Migas chief Andy Noorsaman Sommeng said in a hearing with the House of Representatives (DPR)`s commission VII here on Wednesday.

Until the end of this year, the premium consumption is predicted to reach 27.4 million kiloliters or an excess of 12.3 percent compared to the quota of the revised 2012 state budget amounting 24.4 million kiloliters, he said.

The total consumption of diesel oil until the end of this year is expected to reach 15 million kiloliters or over 1.1 percent compared to the quota of 13.9 million kiloliters, he said. (*)

Editor: Kunto Wibisono
Copyright © ANTARA 2012