Sept. 30 (Bloomberg) -- PT Pertamina, Indonesia's state oil company, cut the prices of oil-based fuels sold to factories and mining companies by as much as 13 percent from its last revision on Sept. 15.

The new prices, to be imposed on most parts of the country including Java, Bali and Sumatra islands, will take effect on Oct. 1, the company said in a statement on its Web site.

Indonesia imports a third of its oil products because of insufficient refining capacity. Pertamina uses prices in Singapore as assessed by oil-pricing service Platts to determine fuel costs for industries.

Prices are in rupiah/liter, excluding taxes
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Fuel                            Prices as of       Prices as of
                                   Oct. 1           Sept. 15
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Gasoline                           6,805               7,190
Kerosene                           8,123               8,725
High-speed Diesel                  7,951               8,449
Marine Diesel                      7,736               8,291
Fuel Oil                           5,923               6,823
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To contact the reporter on this story: Leony Aurora in Jakarta at laurora@bloomberg.net.

Last Updated: September 29, 2008 22:43 EDT