Thu, 04 Jan 2007
Pertamina Retains Distribution Rights

State oil firm Pertamina will retain its exclusive rights to supply and distribute subsidized oil products in 2007 in the domestic market, an official at the country's downstream oil regulator (BPH MIGAS) said on Thursday, Reuters reported.

Pertamina is the only company with the infrastructure to deliver to all of Indonesia’s thousands of islands. Last year it delivered an estimated 37.9 million kilolitres (238 million barrels).

"The supplier must have a network in other islands in Indonesia. At the moment, only Pertamina meets the requirements," BPH MIGAS chief Tubagus Haryono told reporters.

International firms such as Royal Dutch Shell Plc and Malaysia's Petronas have several retail stations around Jakarta to retail high-octane gasoline, and have expressed interest in supplying subsidized oil products in the market.



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