High-Octane Angst

Liberalization of Indonesias fuel business has attracted the interest of foreign companies, thereby weakening the position of Pertamina.

November 15, 2005

DONT be surprised in days to come if you see lots of petrol stations with logos that are not the blue twin seahorses of PT Pertamina, Indonesias state oil & gas company. This month, the liberalization of the countrys fuel business begins. The monopoly right of Pertamina as the institution that distributes fuel comes to an end on November 23.

Now, we can already see one petrol station with a shell-shaped logo, belonging to Shell, an oil company fro

...

More Articles