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Home >> Business
UPDATED: 09:13, September 30, 2005
Indonesia's stated-oil company to further raise daily supply
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Indonesia's state-run oil and gas firm PT Pertamina will further increase daily oil offtake from 184, 000 kiloliters to 216,000 kiloliters, due to consumers' panic buying right before the fuel price hike scheduled on Oct. 1, local media reported Thursday.

The company will bring some of the fuel, especially kerosene, directly to consumers instead of through agents, so as to meet consumers' demand as well as balance prices, Pertamina spokesman Abadi Poernama was quoted by Tempointeractive online as saying.

Meanwhile, Pertamina will keep national fuel stocks at between 21.3 days and 21.7 days until the end of the year, said Poernama.

Stock of premium gasoline will stand at 17.4 days in November and 16.6 days in December, diesel fuel at 17.8 days and 16.4 days and kerosene at 27.1 days and 29.5 days, he said.

Source: Xinhua


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