Pertamina, The Largest Oil And Gas Company In Indonesia, Will Import 113 Million Barrels Of Fuel

President Director of Pertamina, Nicke Widyawati. (Photo: Doc. Antara)

JAKARTA - PT Pertamina (Persero) projects that they will import 113 million barrels of gasoline in 2021. This figure is up by 15.5 percent from gasoline imports in 2020 which reached 97.8 million barrels. However, the number of imports in 2021 is said to be still below the 2019 imports, reaching 118.7 million barrels.

Pertamina's President Director Nicke Widyawati said the imports were divided into two types, namely Premium imports of 53.7 million barrels and Pertamax 53.3 million barrels.

"This is also in line with the projected increase in our fuel sales", she said at a hearing (RDP) with Commission VII House of Representatives, Tuesday, February 9.

In 2021, said Nicke, the sales of non-subsidized BBM could reach 162.56 million barrels and for subsidized BBM 47.69 million barrels. This figure is an increase compared to the realization of last year's BBM sales of 139.34 million barrels for non-subsidized fuel and 53.35 million barrels for subsidized fuel.

In addition to an increase in volume, said Nicke, Pertamina also predicts an increase in world reference prices. It is predicted that this year, Premium fuel from the world will be at USD 51.7 per barrel. Meanwhile, the Pertamax type of fuel is priced at USD 53.5 per barrel.

Meanwhile in 2020, the average import price of gasoline was 45.5 per barrel for gasoline with an octane value of 88 (RON 88) or known as the Premium trademark, while the average import price for gasoline is RON 92 or Pertamax around 45.7 dollars per barrel.

"The price increase is following the movement of gasoline prices in the Singapore hub. Indeed, there is an estimate for prices to rise again", he said.