Pertamina takes over PETRONAS gas stations


Not strictly Malaysian, but it could have been the Sulu Sultanate who…

Dateline Jakarta Post 2013-04-02:

State-owned oil and gas company PT Pertamina has taken over filling stations previously owned by Malaysia’s PT Petronas Niaga Indonesia after weak sales prompted Petronas close them down.

Pertamina director, Afdal Bahaudin, said on Tuesday that the company had purchased the stations, which are mostly in Java.

“We have purchased fuels stations in selected locations only,” he said.

Afdal declined to reveal the transaction value. He only said that the prices of the stations varied depending on location.

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This entry was posted on Wednesday, April 17th, 2013 at 6:00 am and is filed under business opportunity, Malaysia. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to Pertamina takes over PETRONAS gas stations

  1. jabbathehutt says:
    May 20, 2013 at 9:50 pm

    well, let me enlighten you guys. Only pertamina can sell premium fuel (subsidised) at Rp4500. Everyone sells at 7000+. That explains why Petronas tapau.

    Reply

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