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NEWS UPDATES 8 June 2009

Indonesia state energy firm to import gasoline

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Indonesia’s state oil and gas company PT Pertamina, the sole distributor of subsidised fuels, plans to import 3.5 million barrels of Premium gasoline and 2.2 million barrels of diesel in June, reported local newspaper the Jakarta Post.

"The import constitutes about 30 percent of the total domestic demand for subsidized fuels," Pertamina's spokesman Basuki Trikora Putra said in a text message.

Trikora said the import was Pertamina's routine import and had nothing to do with the current partial shutdown of the company's refinery in Cilacap, Central Java.

"The import is a routine activity to meet domestic demand which is higher than our refineries' production capacity," Trikora said.

Pertamina operates seven refineries with the production capacity of the subsidized fuels reaches  one million barrels per day, lower than the country's need of 1.4 million barrels per day.


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