| Sell oil prices, Pertamina Rp 500 Billion Loss in 4 Months |
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| Thursday, 23 June 2011 00:00 | |||||||
Page 1 of 2 Sell oil prices, Pertamina Rp 500 Billion Loss in 4 MonthsJakarta - PT Pertamina (Persero) suffered losses of Rp 500 billion on sales of oil prices until April 2011. Losses it suffered because of 'alpha' which received Pertamina set, while crude oil prices highly volatile moves. This was conveyed by Karen Agustiawan, as the President Director of Pertamina in a hearing with members of the House of Representatives Commission VI, Jakarta, on Tuesday night (22/06/2011). "For the price of fuel, because alphanya fix prices, while oil prices increased, until April 2011 we lost Rp 500 billion," he said. For information, application of alpha remains Pertamina is to benchmark oil price of U.S. $ 80 per barrel. It can not cover the cost when the realization that oil prices reached U.S. $ 104 per barrel. Karen estimates, Pertamina will lose up to Rp 1.6 trillion if there were no changes in world oil prices are still relatively high. Whereas in RKAP 2011, Pertamina profit target of Rp 760 billion. "We expect to lose up to Rp 1.6 trillion," he explained. Respond to this, the Director of Marketing and Trading, Pertamina, Djaelani Sutomo said that subsidized fuel sales increased due to the increasing demand. "Moreover, the discourse of the government subsidized fuel to make the adjustment has not run," added Djaelani. He added, Solar usage also increased with increasing economic growth in daera vehicle operation that resulted in many industries are still filling Solar subsidies in industrial areas, plus increased demand for solar to have fisheries. As is known, this Pertamina losses increased to Rp 100 billion, compared to the first quarter when Pertamina suffered losses of Rp 400 billion for the sale of subsidized fuel. (NRS / Qom)
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