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Indonesia's Pertamina seeks gasoline, diesel for April-May

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Reuters - March 20, 2015

Singapore – Indonesia's state-owned Pertamina is seeking up to 9,600 kilolitres, or more than 60,000 barrels, of diesel and gasoline for delivery into Timor Leste, a tender document showed on Friday.

The company is seeking two cargoes of 2,200 to 2,500 kilolitres each of 92 octane gasoline and another two cargoes of 1,500 to 2,300 kilolitres each of 500 ppm sulphur diesel for delivery over April to May.

The cargoes are for delivery into Dili, Timor Leste. The tender closes on March 24 and is valid until March 25.

Pertamina is also separately seeking 880,000 barrels of gasoil for delivery over May to October into Amamapare, a port town in Papua, Indonesia.Pertamina took over oil product purchases from its trading arm Petral earlier this year as part of an industry shake-up in President Joko Widodo's anti-corruption campaign to restore investor confidence.

The company has since opened up its tender process to include refiners and trading firms, reversing a government decision a few years ago to limit suppliers to national oil companies.

[Reporting by Jessica Jaganathan; Editing by Himani Sarkar.]

Source: http://af.reuters.com/article/energyOilNews/idAFL3N0WM1N520150320

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