Shell, Petronas likely to sell subsidised fuel in Indonesia


JAKARTA: Royal Dutch Shell Plc and Petroliam Nasional Bhd (Petronas) may bid to sell subsidised fuel in Indonesia as the country opens its market to competition and scraps PT Pertamina’s monopoly.  

The Indonesian government would invite bids to sell subsidised fuels next year, Tubagus Har-yono, chairman of state oil refining regulator BPHilir Migas, said yesterday.  

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