AKR's fuel quota has been increased
Monday, June 3 2013 - 04:52 AM WIB
IDX-listed fuel distributor PT AKR Corporindo announced on Monday that downstream regulator BPH Migas has increased quota of subsidized fuels it will distribute throughout the year.
The quota for 2013 for gasoline and diesel fuel has been increased to 880,850 kilo liters from 267,892 kilo liters, it said in a filing.
The area of distribution has been also expanded to include some of regencies and cities in the province of North Sumatra, Lampung, DKI Jakarta, Yogyakarta, South Kalimantan, West Kalimantan, East Kalimantan, Banten, West Java, Central Java, East Java and Bali also South Sulawesi.
AKR Corporindo and PT Surya Parna Niaga have been selected by BPH Migas to accompany state oil and gas firm PT Pertamina in the distribution of subsidized fuels in 2013.
Editing by Dadan Wijaksana