JAKARTA: Indonesia's state oil firm Pertamina has lost its exclusive rights to distribute subsidised oil products in 2010 after a unit of Malaysia's Petronas and a local firm won supply tenders, a regulator said yesterday.
Petronas has won the rights to distribute 20,440 kilolitres of subsidised low-octane petrol in the city of Medan, Sumatra, next year, the head of Indonesia's downstream oil regulator BPH-MIGAS said.
Indonesia's PT Aneka Kimia Raya (AKR) Corporindo will also distribute 56,500 kilolitres barrels of subsidised diesel oil in Lampung province, in south Sumatra and in the cities of Banjarmasin and Pontianak in Kalimantan, Borneo island.
"By law, Petronas and PT AKR Corporindo are allowed to supply subsidised fuel. After we evaluated their capabilities in providing fuel, we selected them," Tubagus Haryono, head of BPH-MIGAS, said.
The remaining subsidised fuel will be supplied by Pertamina in 2010.