BPHMigas selects AKR, SPN for PSO next year

By Godang Sitompul

Downstream oil and gas regulator BPH Migas said that out of the three shortlisted companies only two, namely PT Aneka Kimia Raya (AKR) and PT Surya Parna Niaga (SPN), were finally selected to accompany state oil and gas company PT Pertamina in distributing the subsidized fuel oils (BBM) under the public service obligation (PSO) next year (2013).

"AKR selected, SPN selected, but Shell not selected. Shell asked too high alpha (distribution fee) and not willing to build infrastructure outside Jabali (Java and Bali),? BPH Migas Fuel Oils Director Djoko Siswanto told Petromindo.com in Jakarta on Friday.

He said that the right for the PSO BBM would be delivered in a ceremony next month, along with the planned quota for distribution for each of the companies.

This year, the rights of PSO BBM were given to PT Surya Parna Niaga, PT Aneka Kimia Raya (AKR) Corporindo Tbk, and PT Petronas Niaga Indonesia, together with the state oil and gas company PT Pertamina as the main distributor of the subsidized fuel oils.

For this year, Pertamina was assigned a quota of 39.85 million kiloliters, AKR 103,264 kl, Petronas 20,440 kl, and Surya Parna 34,128 kl. The total volume of PSO fuel planned to be distributed this year is 40 million kl. But the government and the House of Representatives (DPR) had agreed to increase the quota up to 43 million kl to meet the rising domestic consumption.

Editing by Benget Besalicto Tnb.