Shell Reaches First Fuel Purchase Deal with Pertamina Since Import Restriction
Jakarta. The Indonesian government confirmed on Tuesday that Shell Indonesia has purchased 100,000 barrels of base fuel imported by state-owned Pertamina, signaling a breakthrough after weeks of strained supply at private fuel stations.
Under current policy, Pertamina holds exclusive rights to import fuel into Indonesia, meaning private retailers such as Shell, BP-AKR, and Vivo must procure base fuel through the state energy company. The arrangement contributed to stock shortages at several private filling stations after Shell initially declined to buy Pertamina’s supply.
“Shell has reached an agreement with Pertamina. The delivery of approximately 100,000 barrels will arrive soon,” Deputy Energy and Mineral Resources Minister Yuliot Tanjung told reporters in Jakarta.
The transaction marks Shell’s first fuel purchase via Pertamina since the import restrictions took effect in early September.
Separately, Pertamina Patra Niaga -- the company’s downstream sales division -- announced that 100,000 barrels of fuel have been dispatched to private retailer Vivo.
Vivo, owned by Vitol Asia Pte Ltd, canceled 40,000 barrels from a 100,000-barrel cargo last month after laboratory testing detected 3.5 percent ethanol content in the shipment.
Private fuel retailers have previously negotiated terms for purchasing base fuel from Pertamina, including requirements for unblended fuel without additives or dyes, independent quality testing, and transparent price formulas.
Tags: Keywords:Related Articles
Shell Indonesia Resumes Fuel Sales as Diesel Prices More Than Double
Shell Indonesia resumed diesel sales in Greater Jakarta and Bandung, but prices have surged to more than double March levels.Indonesia’s Premium Diesel Nears Rp 28,000/Liter After Sharp Price Hike
Indonesia raises premium diesel prices to record highs while keeping subsidized fuels unchanged to balance costs and stability.Pertamina Locks In 80,000 KL Fuel to Back 2026 Hajj Travel
Pertamina prepares over 80,000 kl of aviation fuel to ensure smooth 2026 hajj flights, with supply secured across 14 embarkation airports.Non-Subsidized Fuel Prices May Rise Again if Oil Stays High, Minister Says
Indonesia may raise non-subsidized fuel prices if oil stays high, while holding Pertamax steady to prevent a shift to subsidized fuels.Economists Call Indonesia’s Fuel Price Hike a Necessary Correction
Indonesia raises non-subsidized fuel prices while keeping subsidies unchanged to protect purchasing power and contain inflation.Pertamina Raises Fuel Prices; Bahlil Says Market Forces at Play
Minister Bahlil Lahadalia defends Pertamina’s fuel price hike, saying non-subsidized products must follow global oil prices.Indonesia Raises Airline Fuel Surcharge by 38% Amid Global Oil Surge
Indonesia raises airline fuel surcharge by 38% to offset rising jet fuel costs while balancing industry sustainability and consumer impact.No Fuel Price Hike, Govt Says After Viral Rumors Trigger Long Queues
Authorities move to calm markets and public fears as misinformation drives surge at gas stations.Higher-Grade Fuel Demand Surges During Eid Travel Rush
Pertamax demand rises 11.8% ahead of Eid as travel surges, with higher-grade fuel gaining traction among motorists for long-distance trips.Pertamina Diversifies Supply to Shield Indonesia from Global Energy Shocks
Pertamina ramps up contingency plans and diversifies supply to secure fuel and LPG amid Middle East tensions.The Latest
Rupiah Hits Rp 17,926 Against US Dollar Amid Oil Surge and Geopolitical Risks
Rupiah fell to Rp 17,926 per US dollar as rising oil prices, Middle East tensions, and strong dollar demand weighed on sentiment.Indonesia to Cut Royalty Income Tax for Writers to 1.5%
The tax cuts will be available for authors who publish work with a clear International Standard Book Number (ISBN).Shinhan Bank Indonesia Launches Flazz Top-Up Feature on SOL Indonesia Application
Shinhan Bank Indonesia enables seamless Flazz top-ups via the SOL Indonesia mobile banking app.Prosecutors Confirm Raid on National Nutrition Agency Office
Indonesian prosecutors confirmed a raid on the National Nutrition Agency a day after President Prabowo replaced its leadership.Indonesia’s C-130 Hercules Repair Center to See Progress by 2028
Washington has picked Indonesia to be Asia’s hub for maintenance, repair, and overhaul (MRO) of the C-130 Hercules.Most Popular
