JAKARTA - The Indonesian state-owned energy company PLN will revise it's financial overview for this year. PLN will ask for an extra subsidy of some 20 trillion Rupiah (1.4 billion euro) for this year alone, according to Ali Hilal Hamdi, general chairman of PLN. Hilal said that the extra subsidy was based on the much higher prices for crude oil and coal.
PLN now bases it's financial needs on a crude oil price of 130 US dollar per barrel, where it was previously 120 US dollar. However world crude oil prices are rising, PLN will still need some 9 billion liters of fuel this year.