President Jokowi signs the Presidential Regulation Related to Premium Sales

By : Herry Barus And Aldo Bella Putra | Friday, May 25 2018 - 22:30 IWST

SPBU Premium (Foto Dok Industry.co.id)
SPBU Premium (Foto Dok Industry.co.id)

INDUSTRY.co.id - Jakarta - Head of BPH Migas Fanshurullah Shurullah Asa said revision of Presidential Regulation No. 191 of 2014 related to the obligation of premium sales at public refueling stations has been signed by President Joko Widodo.

"I got an overnight information from the Minister of Energy and Mineral Resources that the President has signed the Presidential Regulation No. 191 of 2014, maybe the rest later Mr. Minister can explain," said Fanshurullah at the Office of BPH Migas, Jakarta, Friday (25/05/2018)

With the regulation already signed, Pertamina must sell premium BBB types in the areas of Java, Madura, and Bali (Jamali). Earlier in the Jamali area was not required because of his assignment outside the area.

Currently there are as many as 1,900 SPBUs from 3,900 SPBUs in Java, Madura and Bali (Jamali) areas that are no longer selling premium, whereas the previous year only 800 SPBU.

On the previous occasion, House Commission VII Chairman Gus Irawan Pasaribu criticized the government's plan to revise Presidential Regulation 191 of 2014 on the Supply, Distribution and Pricing of Retail Fuel Oil because it is not a solution to overcome premium scarcity outside Java, Madura, Bali (Jamali).

"The premium scarcity outside Java, Madura, Bali is expected to occur even though the government is preparing a revision of Presidential Decree Number 191 of 2014 for the assignment of supply and distribution of certain types of Fuel to Business Entities," said Gus Irawan.

He assessed that through the revision of the Presidential Regulation, the government only plans to expand the area of ​​assignment of premium distribution to Pertamina, from previously just outside Jamali, to be all over Indonesia.

Gus Irawan, a Gerindra Party politician, said there is no guarantee that the premium scarcity will not happen again after the revision of the Presidential Regulation due to the addition of premium quota for the assignment only for Jamali, while outside it will remain at 7.5 million kiloliters (KL).

"Even if there is an assignment (Jamali), the quota is not added, just make the premium more scarce in other areas," he said.

He explained that last year, the assignment outside Jamali was 12.5 million KL, but Pertamina channeled only 7.5 million KL and said that the premium absorption rate decreased so that the assignment in 2018 was 7.5 million KL.

According to him, Pertamina said that the absorption capacity is 7.5 million kiloliters, but the community expresses that there is a premium scarcity everywhere, so the problem is not absorptive, but suspected to be Pertamina or not produced.

On the other hand, Gus Irawan believes that scarcity will not happen if Pertamina poured a premium stock of 12.5 million KL but because it has been decided quota cuts about 40 percent, the premium will still be rare despite the addition of quotas to meet new assignments.

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…