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Anti-Oil Mafia Team Calls for Premium Imports Halt

18 December 2014 22:00 WIB

Antrian BBM di SPBU daerah Kebayoran, Jakarta, Senin 17 November 2014. Pemerintah berencana menaikkan BBM jenis Premium dalam waktu dekat.TEMPO/Wisnu Agung Prasetyo

TEMPO.CO, Jakarta - The Oil and Gas Governance Team suggested that the government and state oil company Pertamina to stop importing RON 88 fuel, or locally known as Premium, due to its expensive price, team member Djoko Siswanto said on Thursday, December 18, 2014.

According to Djoko, the recommendation letter to stop RON 88 imports will be signed and sent to related institutions. Djoko said that RON 88 fuel is no longer produced in the global market.

Djoko revealed that Pertamina imported RON 92 fuel to be processed into Premium fuel, which according to Djoko is a lengthy and inefficient process.

During an interview with Tempo, Oil and Gas Governance Reform Team chief Faisal Basri said that the price calculation for the RON 88 was unclear, since Pertamina had to mix RON 92 with naphtha to produce Premium. Therefore, the price for RON 88 could reach 98.42 percent of the RON 92 price.

AYU PRIMA SANDI



BPS Reports January Exports for Coal 'Sluggish' at US$2.41 billion

16 Februari 2024

BPS Reports January Exports for Coal 'Sluggish' at US$2.41 billion

BPS reported that the January exports for coal were sluggish in Indonesia.


January Export Drops 8.34% at US$20.52 billion, BPS Reports

15 Februari 2024

January Export Drops 8.34% at US$20.52 billion, BPS Reports

BPS recorded the January export value of Indonesia at US$20.52 billion, an 8.34 percent decline compared to December.


Jokowi Asks Tanzanian President to Open Negotiations on LNG, Fertilizer Investment

25 Januari 2024

Jokowi Asks Tanzanian President to Open Negotiations on LNG, Fertilizer Investment

Indonesian President Jokowi highlights investment cooperation in the oil and gas sector during a meeting with Tanzanian President Samia Suluhu today.


Import Value Shows Steady Decline in Latter Half of 2023, BPS Says

15 Januari 2024

Import Value Shows Steady Decline in Latter Half of 2023, BPS Says

BPS recorded that the value of imports in December 2023 reached US$19.11 billion, a 2.45 percent decline compared to the previous month.


BPH Migas Predicts Gasoline, Plane Fuel Distribution to Rise in Holiday Seasons

16 Desember 2023

BPH Migas Predicts Gasoline, Plane Fuel Distribution to Rise in Holiday Seasons

BPH Migas predicts that the distribution of gas oil and jet fuel will increase during the Christmas and New Year periods.


Indonesia, South Korea Explore Partnership on Carbon Capture Development

29 November 2023

Indonesia, South Korea Explore Partnership on Carbon Capture Development

Indonesia is exploring a partnership with South Korea to develop carbon capture and storage/carbon capture, utilization, and storage technology.


Indonesia's Trade Surplus Surpasses US$3.42 billion

17 Oktober 2023

Indonesia's Trade Surplus Surpasses US$3.42 billion

According to Statistics Indonesia, the balance of trade surplus in Indonesia continues to September 2023, surpassing US$3.42 billion.


Pertamina Expands to Africa's Upstream-Downstream Oil & Gas Industry

29 September 2023

Pertamina Expands to Africa's Upstream-Downstream Oil & Gas Industry

PT Pertamina inked an agreement yesterday in Jakarta with Guma Africa Group Limited.


Pertamina Subholding Increases Production, Improves Business Development

29 Juli 2023

Pertamina Subholding Increases Production, Improves Business Development

Pertamina upstream sub-holding, PT Pertamina Hulu Energi (PHE), continues to improve the unlock value activities.


SKK Migas Sets 2023 Investment Target at US$15.5bn

21 Juli 2023

SKK Migas Sets 2023 Investment Target at US$15.5bn

The Upstream Oil and Gas Activities Special Task Force (SKK Migas) is targeting to achieve US$15.5 billion in actualized investments by 2023's end.