Indonesia
GOVERNMENT ASKED TO ABOLISH AGIT POLICY, CITING INVESTMENT RISKS
The national ceramics and glass industry has asked the government to abolish the Specific Industrial Gas Allocation (AGIT) policy, which is considered to be hampering investment and the smooth supply of gas. The Association of Various Indonesian Ceramic Industries (ASAKI) assessed that the AGIT policy implemented by State-owned gas distributor PT Perusahaan Gas Negara (PGN) could hamper potential investment worth Rp8 trillion (US$484,7 million) in the national ceramic industry. ASAKI Chairman Edy Suyanto said that this investment is part of the second phase of ceramic industry expansion and is estimated to increase production capacity to 93 million square meters, absorbing around 7,000 workers. PGN applies two prices for the ceramic industry, namely the price according to the Specific Natural Gas Price (HGBT) and the surcharge price. PGN is reported to only provide gas worth 78 percent of the planned gas usage in the western part of Java and 55 percent in the eastern part of Java. If ceramic manufacturers exceed the quota, gas prices will jump 139.57 percent to US$16.77 per Million British Thermal Units (MMBTU) of HGBT. In addition, the HGBT paid by manufacturers this year has increased 7.69 percent annually to US$7 per MMBTU.Source : https://indonesiabusinesspost.com/3975/investment-and-risk/government-asked-to-abolish-agit-policy-citing-investment-risks (ICE GIACARTA)
Fonte notizia: Indonesia Business Post, 21/03/2025