Jakarta, Oct. 5 -- PT Pertamina Patra Niaga, a subsidiary of Indonesia's state-owned energy company PT Pertamina, stated that the country's motor and aviation fuel prices remain highly competitive and are among the lowest in Southeast Asia.

"Overall, our prices remain relatively lower than those of our neighboring countries," Pertamina Patra Niaga's Director of Business Planning and Development Joko Pranoto said during the Regional Inflation Control Coordination Meeting here on Monday.

He noted that Indonesia offers the region's cheapest RON 92 gasoline - sold domestically as Pertamax - at Rp15,950 (US$0.89) per liter. This contrasts significantly with prices in Singapore (Rp48,514 or $2.71), the Philippines (Rp25,014 or $1.40), and Tha...