Pertamina Energy Services to Replace Petral
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Rabu, 22 April 2015 18:28 WIB
TEMPO.CO, Jakarta – State-run oil and gas firm PT Pertamina’s trading oil company, Pertamina Energy Trading Limited (Petral), will soon be disbanded.
“It could be this year, as soon as possible, for sure,” said Pertamina president director Dwi Soetjipto in Jakarta on Wednesday, April 22, 2015.
According to Dwi, Pertamina Energy Services (PES) would replace Petral’s role in the procurement of raw oil and fuel. PES, Pertamina’s newly-established company, runs directly under Pertamina’s management.
“We hope that PES will become Pertamina’s subsidiary that could grow internationally,” he said.
About the planned disbandment of Petral, Dwi said Pertamina would immediately takeover Petral’s assets.
“These assets will be developed according to Pertamina’s vision to [make PES] become the real international trading arm,” he said.
PRAGA UTAMA