Airlangga: subsidized fuel prices to be maintained until end of 2026

Coordinating Minister for the Economy Airlangga Hartarto assured that the government will maintain subsidized fuel (BBM) prices until the end of 2026. Prices for non-subsidized fuels remain under review and will be announced once finalized.

Jakarta – Coordinating Minister for the Economy Airlangga Hartarto stated during a press conference at the Coordinating Ministry for Economic Affairs in Jakarta on Monday, April 6, 2026, that the government is committed to maintaining subsidized fuel (BBM) prices until December 2026.

He explained that this commitment hinges on global oil prices not exceeding an average of US$97 per barrel. "As long as the oil price is not more than US$97 per barrel on average, we can maintain these BBM prices until December this year," Airlangga said.

Regarding non-subsidized fuels, Airlangga said the government has not yet completed its review. "(On non-subsidized BBM prices) it is still being studied. Once finished, it will certainly be announced to the public soon," he stated.

Previously, Energy and Mineral Resources Minister Bahlil Lahadalia said his ministry is discussing non-subsidized fuel prices with private fuel station operators to find the best formula.

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Finance Minister Purbaya Yudhi Sadewa assures fiscal safety and stable fuel prices at press conference.
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Finance minister assures fiscal safety amid global uncertainty

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Finance Minister Purbaya Yudhi Sadewa urged the public not to panic amid uncertain global conditions, assuring that fiscal and state revenue positions remain safe. He highlighted a Rp 420 trillion Saldo Anggaran Lebih (SAL) as a layered defense. The decision to hold subsidized fuel (BBM) prices steady until the end of 2026 follows direct instructions from President Prabowo Subianto.

Energy and Mineral Resources Minister Bahlil Lahadalia affirmed that the government will not raise prices of subsidized fuel oil (BBM) and LPG amid the Middle East geopolitical crisis. The statement came after opening the XI Regional Conference of Golkar Party in North Sulawesi in Manado on April 11, 2026. National stocks of BBM and LPG are secure for days ahead.

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House Speaker Puan Maharani has urged the government to explain the reasons behind Pertamina's non-subsidi fuel price increase effective April 18, 2026. She seeks clarity on how long the hike will last and mitigation steps for the Iran-US conflict impact. Energy Minister Bahlil Lahadalia stated that non-subsidi prices follow global markets.

The Department of Transportation is preparing P3.5 billion in subsidies for free rides and fuel costs of public utility vehicles to counter rising oil prices due to Middle East tensions. This forms part of a two-pronged approach to ease the impact on commuters. The program is expected to launch soon after certification from the Department of Energy.

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Philippine fuel supply may last until the second week of May with one million barrels expected soon, according to the Department of Energy. Energy Secretary Sharon Garin said the average supply stood at 45 days as of March 20, down from 55-57 days when the Middle East war began nearly a month ago.

Coordinating Minister for Economic Affairs Airlangga Hartarto confirmed that the export proceeds policy will take effect on June 1 2026 following a meeting with the President at Merdeka Palace.

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Energy Secretary Sharon Garin warned of a possible fuel price increase starting April 20, following a rollback announced by President Ferdinand Marcos Jr. effective April 14. She attributed this to uncertainties involving US President Donald Trump and Middle East conflicts. Garin shared this during a Senate PROTECT committee hearing on April 13.

 

 

 

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