JAKARTA (rambuenergy.com) – State energy company PT Pertamina (Persero) will gradually lower its low octane Premium fuel imports starting from November 2015 following the operation of its Residual fluid Catalytic Cracking (RFCC) plant in Cilacap and Trans Pacific Petroleum Indonesia (TPPI) refinery in Tuban which will enable the company to save up to US$1.99 billion per annum.
The two production facilities will allow Pertamina to add Premium fuel production of 91,000 barrels per day, consisting of 30,000 bpd from RFCC Cilacap and 61,000 bpd from TPPI refinery.
Vice President Corporate Communication of Pertamina Wianda Pusponegoro said the national Premium fuel consumption reaches around 29.5 million kiloliters per annum, in which 17.1 million KL or 9 million barrels per month, which is bought from overseas suppliers.
This high dependency on imported fuel encourages Pertamina to operate the two refineries in the near future.
RFCC Cilacap is now entering commissioning phase and expected to begin operating in the second week of October, 2015.