Realization of Subsidized Fuel Distribution Until April 2014 Amounted to 31.7%

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pertaminaJakarta – Distribution of fuel oil (BBM) subsidy of up to 30 April 2014 of the report of PT. Pertamina (Persero) which have not been verified by theRegulatory Agency for Upstream Oil and Gas (BPH Migas) has reached14,995,036 kiloliters (KL) or 31.7% quota Pertamina in 2014.

Premium gasoline quota for the state budget of 2014, PT Pertamina amounting 32.32 million KL KL realized 9517674 or 29.4%, of Kerosene quota of 900,000 KL KL realized as much as 325 078, or 36.1%, and Diesel Oil from a quota of 14 135. realized KL KL 000 5152284 or 36.5%.

According to the Marketing and Commercial Director of PT Pertamina (Persero), Hanung Budya in a letter sent to BPH Migas on May 20, 2014, with the number of letters 113/F00000/2014-S3, revealing an increase of 0.78%.

“The realization of subsidized fuel sales as a whole period up to 30 April 2014 an increase of 0.78%, when compared to the same period in 2013,” he said.

If you see subsidized fuel consumption up to April 2014 compared to the consumption in 2013 in the same period for premium gasoline consumption increased by 0.41%, diesel oil / biodiesel consumption increased by 2.41%. As for kerosene consumption decrease of 12.02%.

Hanung added, an increase in the consumption of subsidized fuel for the type of premium gasoline and diesel oil for several reasons, including an increase in the number of motor vehicle, the disparity between the price of premium gasoline with non-subsidized fuel (Pertamax) which reached Rp. 4,350, -/liter.

While the disparity in price of diesel subsidy by the very high non-subsidized diesel to Rp 7,100, – per liter. Next is the 2014 economic growth target of 5.4% requires premium fuel consumption and diesel oil to support such growth.

“Growth in consumption of diesel fuel up to March 2014 compared to the same period in 2013 only 2.41%, much lower than the growth in 2013 vs. 2012 amounted to 3.12% due to a variety of efforts to control the distribution of diesel oil PSO performed throughout the region, “Hanung clear.