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BPH Migas sets subsidized fuel quota for Pertamina and AKR Corporindo

JAKARTA (Rambu Energy) – The Indonesian downstream oil and gas regulator BPH Migas has set 2015 subsidized fuel quota to be distributed by the state owned oil and gas company PT Pertamina and private company PT Aneka Kimia Raya Corporindo Tbk (AKR Corp) .

The head of BPH Migas Andi Noorsaman Someng said based on the BPH Migas committee meeting, Pertamina has been awarded to distribue 45.355 million kilo liters of subsidized fuel in 2015, while AKR was granted to distribute 645,000 kilo liters.

Pertamina’s subsidized fuel quota consists of 29.46 million kl of low-octane premium fuel, kerosene 850,000 kl and diesel fuel 15.045 million kl. AKR’s subsidized fuel quota comprises of 20,000 kl of premium fuel and diesel fuel 625,000 kl.

Over the past years, both companies have won government bids to distribute subsidized fuel to consumers. Pertamina still dominates domestic fuel distribution as it owns the largest chain of fuel stations (SPBUs) across the country. AKR Corp, a private owned firm, has been emerging as a retail fuel distributor.

As of today, AKR Corp has built 131 fuel stations across the country. Of these, 54 fuel stations are located on Java Island, 41 in Sumatera, 33 in Kalimantan, two in Bali and one in Sulawesi. (*)

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