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New HGBT Scheme: Strengthening Industrial Competitiveness and State Budget Efficiency

News Energy & Renewables Law & Policy Updates
Date: 28th Feb, 2025 Source: Ministry of Energy and Mineral Resources (ESDM) Country: Indonesia Original Source

Brief

"On 28/02/2025, the Ministry of Energy and Mineral Resources (ESDM) issued an update regarding New HGBT Scheme: Strengthening Industrial Competitiveness and State Budget Efficiency. The new scheme sets a specific price for gas used as fuel at USD7 per MMBTU and for industrial raw materials at USD6.5 per MMBTU, aiming to boost the competitiveness of domestic industries and enhance state budget efficiency."

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Ministry of Energy and Mineral Resources (ESDM)

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