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Sunday, April 7, 2013
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Pertamina Will Take Over Petronas's Petrol Stations

1:06 AM


Indobusiness - PT Pertamina (Persero) plans to acquire nine fueling stations for public-owned Petronas, oil and gas companies from Malaysia, which operates in Indonesia. This is to reinforce the dominance of the oil companies and state-owned gas distribution business in the non-subsidized fuel.
Director of the Directorate General for Development of the Downstream Oil and Gas (Oil and Gas), Ministry of Energy and Mineral Resources (ESDM) Umi Asngadah, in Jakarta, Tuesday (02/04/2013), confirmed plans acquiring part-owned Petronas petrol stations.
In the early stages, Pertamina plans to acquire nine retail outlets Petronas. Therefore, PT Pertamina enough to report the business plan to the Director General of Oil and Gas Ministry of Energy and Mineral Resources.
Director of Fuel (BBM) Downstream Regulatory Body Oil and Gas (BPH Migas) Djoko Iswanto said Petronas currently has 19 retail outlets in Indonesia, such as Jakarta and Bandung. The acquisition was through an auction process and has been reported to BPH Migas.
Vice President of Corporate Communications PT Pertamina Ali Mundakir convey, the acquisition of some of the foreign gas station is currently in the final stages.
"In the meantime, only a portion of the total number of gas stations owned by those we will acquire. In fuel retail business, a major consideration for deciding to acquire a gas station is located must be strategic, "said Ali. It targets, this year the acquisition process can be completed.
Related to non-subsidized fuel retail business of PT Pertamina, non-subsidized fuel Retail Marketing Manager of PT Pertamina Waljiyanto said, currently PT Pertamina controls 80 percent of the total market share of non-subsidized fuel in Indonesia. One strategy to increase the market share of the company is the acquisition of foreign retail outlets, such as the Petronas.
So far, non-subsidized fuel sales trend continues to rise. Actual sales Pertamax first quarter 2013 rose more than 5 percent compared with the same period the previous year, while Pertamina Dex more than 10 percent.
"We are ready to increase the volume of production of non-subsidized fuel Pertamax type or Pertamina Dex to increase its production capacity in several Pertamina refineries," said Waljiyanto.
The increase in non-subsidized fuel consumption is due to the increasing awareness of car users use non-subsidized fuel and the government regulations that prohibit the use of subsidized fuel for official cars and vehicles operating mines and plantations

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