KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has officially opened its first service station in Indonesia, marking its entry into the country's retail marketing business.
“The launch marks an important milestone in Petronas' business involvement in Indonesia and demonstrates the company's long-term commitment to the development of the country's oil and gas sector,” Petronas said in a statement yesterday.
It was officially launched by Indonesia's director of oil and gas processing and marketing, Erie Soedarmo.
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A newly opened Petronas service station in Cibubur, West Java. --AFPpic |
Also present was Petronas oil business vice- president Datuk Anuar Ahmad.
The statement said the group was already one of the more active international oil and gas companies in Indonesia, both in upstream and downstream sectors.
Petronas' integrated business in Indonesia includes upstream assets in Karapan, Ketapang, Tanjung Jabung, Jabung, Natuna Sea Block A, North East Madura IV, Madura and Muriah blocks while in the downstream sector, the group has interests in a consortium that owns and operates two natural gas pipelines in Sumatra, and a lubricant marketing outfit
The service station, in Cibubur, east Jakarta, markets high octane fuel products under the brand names of Primax 92 (92 octane) and Primax 95 (95 octane), as well as the Petronas range of Syntium and Sprinta lubricants.
The service station is also equipped with a wide range of facilities to provide added convenience to its multitude of customers.
The service station started operations last December, it said.
Pending approval by the Indonesian government, Petronas is also gearing up to supply and distribute public service obligation products, such as Gasoline 88 (Premium) and Diesel (Solar), through its retail outlets in Indonesia. – Bernama
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