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Before The Flood of Foreign Petrol

Monday, September 11, 2000

To be competitive in the free market, Pertamina will have to buy 1,200 petrol stations throughout Indonesia.

arsip tempo : 173025135489.

. tempo : 173025135489.

The extremely advantageous monopoly it currently enjoys will soon be a thing of the past for Pertamina. If its oil and gas monopoly is rescinded next year, the national oil company will have to be prepared to compete against other companies in the free market. This means extra funds will be needed and Pertamina is now stockpiling trillions of rupiah with which to buy existing petrol stations or build its own.

Since 1971, Pertamina has had the

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