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JAKARTA. At the end of Working Meeting (Meeting) between the Government and the House of Representatives Commission VII, which took place yesterday, Tuesday (8 / 6), Commission VII of the House of Representatives requested the Government through the Minister of Energy Cost Recovery to finish the RPP as mandated in Article 4 the law No 41 year 2008 regarding fiscal year 2009 state budget before setting the fiscal year 2011 state budget.
Responding to the request, the Director General of Oil and Gas, Evita H. Water Resources stated that the current Cost Recovery RPP was on Law and Human Rights, and has twice conducted inter meetings. According to Director General of Oil and Gas, is still needed one more inter meeting due to the turn of the new finance minister, after this is done then the bill can be completed.

"The material is in Law and Human Rights is 99% the same," said Evita.

VII Commission requests the Government to immediately complete the RPP Cost Recovery is one of the points of agreement in the macro assumptions Raker to discuss 2011 Budget. In Raker, the Government proposes several basic assumptions as a material enter the preparation of the Draft Budget 2011 and fully approved by the House of Representatives Commission VII.

Proposed basic assumption that the Government proposed, Indonesian crude oil price (ICP) to USD 75-90 per barrel, crude oil lifting Indonesia amounted 960000-975000 barrels per day, the volume of subsidized fuel for 36773000-42555400 million KL (premium : 22960000-25189805 KL, kerosene: 2000000-2750000 KL and diesel: 11813000-14615595 KL).

Another proposal is approved, the volume amounted to 3.522 million tonnes of LPG is subsidized kerosene equivalents amounted to 7,826,667 KL, bio fuel subsidies average Rp 2,000 - Rp 2,500 per liter and electricity subsidies amounted to USD 36.44 - USD $ 50, 81 trillion. (SF)

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