Pertamina Lubricants signs supply deal with Jasa Armada

PT Pertamina Lubricants has signed an agreement with tug boat and pilot boat operator PT Jasa Armada Indonesia, a subsidiary of state-owned port operator PT Pelindo II, for the supply of lubricants to the latter?s vessels across Indonesia, Bisnis Indonesia reported on Thursday.

The agreement was signed by Pertamina Lubricants President Director Supriyanto and Jasa Armada Indonesia President Director, Dawam Almosudiro, on Wednesday.

Pertamina Lubricants, a subsidiary of state-owned oil and gas firm PT Pertamina, is the largest lubricants producer in the country with annual production capacity of 600,000 kilo liters per year and controls over 60 percent of the domestic market.

Supriyanto said that Pertamina Lubricants has been supplying its lubricant products to a number of shipping operators such as Pelni, Tempuran Mas, SPH, and Meratus. (*)