Source: The Jakarta Post, Jakarta | Tue, 04/10/2012 10:02 PM
State oil and gas company Pertamina sees East Timor as a potential market for fuel sold at market prices.
“All of the fuels we sell to East Timor are non-subsidized,” Pertamina East Java, Bali and Nusa Tenggara region retail marketing general manager Afandi said on Tuesday in Denpasar.
Pertamina exported an average of 4,000 kiloliters of fuels, including premium, diesel and avtur, to East Timor, monthly.
Records show that the growth of fuel demands in East Timor reached 20 percent in 2011, while premium fuel prices in East Timor reached Rp 10,000 (US$1.09) per liter.
In a bid to improve its services as well as to reduce fuel smuggling into East Timor, Pertamina is establishing a fuel station in the border of Indonesia and East Timor, kompas.com reported. (swd)