Vivo and BP have agreed to continue discussions regarding cooperation on fuel imports, a move prompted by recent shortages at private gas stations in indonesia. The agreement follows a government offer to allow private companies to utilize PertaminaS import allocations to address depleted stock levels.
The fuel supply issue arose as consumers shifted from Pertamina stations to private retailers following allegations of corruption in oil governance.Private companies, having fatigued their annual import quotas, were unable to replenish supplies. This collaboration aims to stabilize fuel availability nationwide, impacting consumers and the broader economy. Further steps include an auction process managed by Pertamina, with a target delivery date around the third week of October, contingent on agreement from all business units (BU).
according to a statement by Roberth, the commodity procurement process will proceed with Mrs.’s approval, utilizing an auction system prioritizing cargo providers, pricing, and volume. Pertamina will announce the auction winner, followed by commercial negotiations and joint inspection. ExxonMobil is currently assessing November needs due to existing stock, while Shell awaits head office coordination.”The spirit of collaboration is based on good intentions to provide services to this community to be addressed wisely and positively,according to the direction of the government,” Roberth stated. The agreement includes confirmation of a “joint surveyor” by related private subsidiaries.
