STOCKS THINNING AS HOUSEWIVES SWITCH TO 3-KG CANISTER GAS

Jakarta, Oct 13 (ANTARA) – Many housewives who had been regular users of liquefied petroleum gas (LPG) in 12-kg cylinders have switched to the fuel in subsidized 3-kg cylinders following state-owned oil and gas company Pertamina’s decision to raise the price of 12-kg cylinder LPG over the weekend. “We [...]

FIRMS BEING ENCOURAGED TO INVEST IN BIOFUEL PROJECTS

Jakarta, Feb 17 (ANTARA) – Facing the problem of depleting oil reserves and continuously increasing fuel oil consumption, Indonesia is trying to make use of its vast land territory by encouraging investors to invest in integrated biofuel projects to replace fossil fuels.