Pressing Pertamina fuel oil production

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Pressing Pertamina fuel oil production

Wednesday, 03 March 2010 09:05

JAKARTA: PT Pertamina (Persero) targeting increased sales of ships fuel or fuel oil is often called a type of marine fuel oil (MFO) 380 centi stokes (cts) this year to 1 million kiloliters (kl) or up to 67% compared with 2009 achievement as many as 600,000 kl.
Director of Marketing and Commerce Pertamina Djaelani Sutomo revealed an increase in the target MFO 380 cts perjualan this year in line with the increasing fuel demand.
"We believe the target increase in sales of up to 67% MFO can be achieved because the need has increased," he said yesterday.

MFO 380 cst is a new product Pertamina in cooperation with PT Patra Niaga, a subsidiary of Pertamina, which has been launched on April 4, 2008. Fuel products are also intended for export, including to the Global Marine Logistics, one of the largest bunker services in Singapore.

According Djaelani, if the target MFO sales increased to 380 cts 1 million kl this year, Pertamina has mastered the market of about 45.5% of the fuel market in Indonesia to reach 2.2 million KL.

Initially, state-owned oil and gas was only manufacture and market the type of MFO 180 cst which has a lower viscosity levels (more dilute) than the MFO 380 cts.

However, eventually the company was producing 380 cts MFO after a market survey on the international bunker users in Singapore concluded that the MFO of the total requirement of Indonesia in 2007 reached 28 million KL, approximately 20 million kl or 73% is MFO 380 cst.

Fuel oil is not a product of distillation, but the results of this type of black residue. This type of oil has a high viscosity level compared with diesel oil. Fuel consumption of this type are generally for direct combustion in big industrial and used as fuel for steam power station and some use of the economic terms of the use of cheaper fuel.

Consumer MFO was part of a large amount of ships carrying coal, container, crude oil, and LPG.

SOE Minister Mustafa Abubakar recently asked more aggressively to bring new investors to develop upstream, between, and downstream to ensure energy security while strengthening the company's position at international level.