Sat, 17 May 2008
From: The Jakarta Post
By Ika Krismantari, The Jakarta Post, Jakarta
State oil and gas company PT Pertamina plans to buy 40,000 tons of liquefied petroleum gas (LPG) from ConocoPhilips for US$32 million to secure its May supply, which has been disrupted by a glitch at its Balongan refinery in West Java.

Director for marketing and trading Ahmad Faisal said Thursday the purchase was needed as current supply would only last for up to three days after a unit in the refinery last week went off-line for repairs.

"The LPG will come from a ConocoPhilips plant in Teluk Semangka, Lampung," Faisal said.

The Balongan refinery is the country's largest LPG producer, with an output of 1,200 tons of LPG per day, which is delivered to Jakarta and other cities on Java.

Pertamina processing director Rukmini Hadihartini said the company needed 18 days to repair the problem and get operations back to normal.

Pertamina will also in-crease May gasoline imports by 1 million barrels as the commodity's consumption has risen 5 percent follow-ing a period of panic buy-ing caused by the government's announcement to raise fuel prices.

The government has cap-ped the volume of subsidized fuels at 35.5 million kilo-liters with a state budget allocation of Rp 126.8 trillion ($13.7 billion).

Under the planned fuel increases, the price of Premium gasoline will likely rise from Rp 4,500 (48.77 US cents) to Rp 6,000, diesel from Rp 4,300 to Rp 5,500 and kerosene from Rp 2,000 to Rp 2,500.



News Search/Filter
Transaction Rates
21 Jun 18
Buy
Sell
AED1
3,802.33
3,802.33
AFN1
194.99
194.99
ALL1
128.37
128.37
AMD1
28.96
28.96
ANG1
7,694.52
7,694.52
AOA1
56.63
56.63
ARS1
503.73
503.73
AUD1
10,295.90
10,295.90
AWG1
7,811.32
7,811.32
AZN1
8,203.62
8,203.62
BAM1
8,255.32
8,255.32
BBD1
6,983.33
6,983.33
BDT1
165.28
165.28
BGN1
8,264.94
8,264.94
BHD1
36,960.02
36,960.02
BIF1
7.89
7.89
BMD1
13,966.67
13,966.67
BND1
9,245.03
9,245.03
BOB1
2,021.02
2,021.02
BRL1
3,704.09
3,704.09
BSD1
13,966.67
13,966.67
BTC1
94,960,261
94,960,261
BTN1
205.13
205.13
BWP1
1,344.88
1,344.88
BYN1
6,971.84
6,971.84
BZD1
6,947.79
6,947.79
CAD1
10,495.22
10,495.22
CDF1
8.65
8.65
CHF1
14,019.75
14,019.75
CLF1
598,144.50
598,144.50
CLP1
21.80
21.80
CNH1
2,155.41
2,155.41
CNY1
2,157.81
2,157.81
COP1
4.81
4.81
CRC1
24.63
24.63
CUC1
13,966.67
13,966.67
CUP1
547.71
547.71
CVE1
146.28
146.28
CZK1
626.00
626.00
DJF1
78.44
78.44
DKK1
2,169.87
2,169.87
DOP1
281.96
281.96
DZD1
118.96
118.96
EGP1
781.02
781.02
ERN1
930.51
930.51
ETB1
506.87
506.87
EUR1
16,170.16
16,170.16
FJD1
6,689.98
6,689.98
FKP1
18,398.09
18,398.09
GBP1
18,398.09
18,398.09
GEL1
5,688.87
5,688.87
GGP1
18,398.09
18,398.09
GHS1
2,953.28
2,953.28
GIP1
18,398.09
18,398.09
GMD1
295.81
295.81
GNF1
1.54
1.54
GTQ1
1,863.97
1,863.97
GYD1
66.90
66.90
HKD1
1,780.17
1,780.17
HNL1
582.27
582.27
HRK1
2,191.30
2,191.30
HTG1
209.80
209.80
HUF1
49.94
49.94
IDR1
1.00
1.00
ILS1
3,859.21
3,859.21
IMP1
18,398.09
18,398.09
INR1
205.21
205.21
IQD1
11.73
11.73
IRR1
0.32
0.32
ISK1
127.89
127.89
JEP1
18,398.09
18,398.09
JMD1
105.73
105.73
JOD1
19,657.33
19,657.33
JPY1
126.53
126.53
KES1
138.15
138.15
KGS1
204.49
204.49
KHR1
3.43
3.43
KMF1
32.85
32.85
KPW1
15.51
15.51
KRW1
12.59
12.59
KWD1
46,136.50
46,136.50
KYD1
16,758.96
16,758.96
KZT1
40.99
40.99
LAK1
1.66
1.66
LBP1
9.24
9.24
LKR1
87.45
87.45
LRD1
97.49
97.49
LSL1
1,023.49
1,023.49
LYD1
10,272.48
10,272.48
MAD1
1,462.41
1,462.41
MDL1
826.68
826.68
MGA1
4.14
4.14
MKD1
262.62
262.62
MMK1
10.17
10.17
MNT1
5.76
5.76
MOP1
1,728.02
1,728.02
MRO1
39.23
39.23
MRU1
391.00
391.00
MUR1
397.46
397.46
MVR1
906.34
906.34
MWK1
19.06
19.06
MXN1
685.54
685.54
MYR1
3,487.30
3,487.30
MZN1
235.07
235.07
NAD1
1,023.49
1,023.49
NGN1
38.81
38.81
NIO1
441.04
441.04
NOK1
1,707.68
1,707.68
NPR1
128.23
128.23
NZD1
9,591.16
9,591.16
OMR1
36,279.80
36,279.80
PAB1
13,966.67
13,966.67
PEN1
4,258.09
4,258.09
PGK1
4,273.49
4,273.49
PHP1
261.97
261.97
PKR1
114.92
114.92
PLN1
3,746.32
3,746.32
PYG1
2.44
2.44
QAR1
3,835.94
3,835.94
RON1
3,460.71
3,460.71
RSD1
137.00
137.00
RUB1
219.61
219.61
RWF1
16.09
16.09
SAR1
3,723.85
3,723.85
SBD1
1,758.86
1,758.86
SCR1
1,030.44
1,030.44
SDG1
773.03
773.03
SEK1
1,572.81
1,572.81
SGD1
10,280.86
10,280.86
SHP1
18,398.09
18,398.09
SLL1
2.21
2.21
SOS1
24.10
24.10
SRD1
1,870.20
1,870.20
SSP1
107.21
107.21
STD1
0.65
0.65
STN1
659.27
659.27
SVC1
1,596.03
1,596.03
SYP1
27.12
27.12
SZL1
1,022.98
1,022.98
THB1
425.42
425.42
TJS1
1,533.55
1,533.55
TMT1
3,979.13
3,979.13
TND1
5,360.25
5,360.25
TOP1
6,098.63
6,098.63
TRY1
2,943.00
2,943.00
TTD1
2,072.02
2,072.02
TWD1
462.84
462.84
TZS1
6.13
6.13
UAH1
527.18
527.18
UGX1
3.60
3.60
USD1
13,966.67
13,966.67
UYU1
442.35
442.35
UZS1
1.76
1.76
VEF1
0.17
0.17
VND1
0.61
0.61
VUV1
129.48
129.48
WST1
5,412.53
5,412.53
XAF1
24.65
24.65
XAG1
227,920.01
227,920.01
XAU1
17,731,856.60
17,731,856.60
XCD1
5,167.96
5,167.96
XDR1
19,663.36
19,663.36
XOF1
24.65
24.65
XPD1
13,500,893.35
13,500,893.35
XPF1
135.50
135.50
XPT1
12,164,820.90
12,164,820.90
YER1
55.79
55.79
ZAR1
1,022.28
1,022.28
ZMW1
1,408.68
1,408.68
ZWL1
43.32
43.32
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services