Jakarta, June 29 -- Energy and Mineral Resources Minister Bahlil Lahadalia emphasized that the Indonesian government's decision to reduce liquefied natural gas (LNG) prices for industries would help maintain industrial competitiveness and protect jobs in Indonesia.

"This is for industries that manufacture goods. We want to protect and sustain existing jobs," he said in Jakarta on Monday.

Bahlil explained that the LNG price reduction was achieved through efficiency measures across the supply chain, involving the government, cooperation contract contractors (KKKS), and distributors.

According to him, the policy took effect immediately following the announcement.

He further explained that the government had implemented three gas pricing ...