Pertamina opens office in Timor Leste
Friday, February 12 2016 - 06:38 AM WIB
State owned oil and gas firm PT Pertamina has opened an office to run business in Timor Leste, a half-island country in Timor Island which broke away from Indonesia in 1999.
The office of Pertamina Iternasional Timor SA (PITSA) was inaugurated by Ahmad Bambang, Commerce and Marketing Director of Pertamina, on Thursday.
PITSA will be active in downstream sector, operating oil fuel storage, selling oil fuels and oil products such as lubricants, LPG and asphalt for industries and retail customers. In oil fuel retail market, it will sell oil fuels through two types of gas stations, which carry Pertamina logo and Pertamina-Timor Gap joint logo respectively. There are five gas stations to be built this year, including three carrying Pertamina logo and two carrying Pertamina-Timor Gas joint logo.
?The brands of gasoline to be sold are similar to the ones in Indonesia, except for the one sold in in co-branded stations. It is called Gazelina,? he said.
Editing by Johannes Simbolon