National fuel stocks at safe level to turn around refinery: Pertamina

As the national fuel stock level is safer, the state-owned oil and gas company PT Pertamina will go ahead with its turn around process of its oil refineries, the Investor Daily Indonesia reported in its Saturday edition.

This was disclosed by Pertamina’s deputy president director Mustiko Saleh on Friday in Jakarta.

“Fuel stock is safe. It is enough for more than 23 days. Moreover, we have surplus kerosene, Mustiko said.

Since the national fuel stock level is safe, Mustiko said the Cilacap refinery’s turn around process will go ahead as per the schedule and there is need to delay it until next year as earlier planned.

“If it’s time for turn around, yes it must be turn around. It will take around 40 days but hopefully it can be more faster,” Mustiko said.

Earlier, there was a speculation about the delay of turn around process of various refineries due to the fears of shortage of fuel during the run-off of the presidential election. Cilacap refinery is one of the refineries that likely to delay its turn around process. It has 348,000 barrels per day (bpd) capacity, including Cilacap I (118,000 bpd) and Cilacap II (230,000 bpd).

The data from the ministry of energy and mineral resources is also indicates that the national fuel stock is enough for 23.7 days with daily off take of 176,313 kiloliters per day. It is safe for until middle of October. (*)