This Company Wants to Build FSU-Bunker Near Singapore, Appeals to Purbaya
Jakarta, CNBC Indonesia - The Port Business Entity (BUP) of PT Asinusa Putra Sekawan has filed a complaint with the Task Force for Accelerating Strategic Government Programmes (Satgas P2SP). The complaint concerns the company’s plans to build a floating storage unit (FSU) and bunkering business on Nipa Island in the Malacca Strait.
The company assesses that there are no regulations supporting permitting, supervision, governance, and operations for FSU and bunkering.
“Therefore, the support we need is the government’s role in making FSU and bunkering activities more adaptive,” said Satrio Murshandi, President Director of PT Asinusa Putra Sekawan, on Thursday (9/4/2026).
According to him, with this government support, Indonesia is expected to become more competitive in FSU and bunkering services. So far, Indonesia has always lost out in bunkering tariffs that are less competitive, plus 11% VAT.
“Ours (Indonesia’s bunkering tariff) is more expensive (than Singapore’s), as a baseline,” said Satrio.
In reality, to date, Indonesia does not have any operating FSU domestically. Meanwhile, according to Satrio, Indonesia does not yet have a bunkering business around Nipa Island.
Satrio also calculated the potential state revenue from port-related services business involving FSU, bunkering, ship-to-ship, and waiting orders at Rp108 billion. Satrio revealed that this bunkering service is expected to be utilised as a fuelling facility for ships by oil companies such as BP, Shell, and others through their operators.
“We’re not being ambitious; we target 3% within five years, where the transaction value will shift to Indonesia, creating VAT or corporate tax; from corporate tax, Rp250 billion,” he said.
Finance Minister Purbaya Yudhi Sadewa responded that he would study the issue further. However, he sees that fuel supply regulations cannot be carried out by foreign parties without Pertamina as the energy distributor. In addition, he sees that the tax potential could fly abroad.
“We’ll see later,” he said firmly.
“If I do this, you’re asking me to create a business for you from end to end. How much tax do you pay?” Purbaya joked.
Nevertheless, he views the big idea as quite good, but he must first look at the existing regulations.
“Basically, the business doesn’t exist yet, and it’s not our goods being sold either,” he said.