Premium Removed, foreign gas stations are facing bankruptcy

Gaz station

Premium Removed, foreign gas stations are facing bankruptcy

JAKARTA - Recommended Gas Governance Reform Team (RTKM) that eliminates gasoline with a research octane number (RON) 88 or premium could have a negative impact on foreign gas stations. Moreover, if the government follows the recommendation by providing subsidies for fuel RON 92 whose products are known as PERTAMAX.

BPH Migas previously proposed subsidy remains between Rp 1,500 to Rp 2 thousand. If the numbers approved and transferred to PERTAMAX, meaning the price could drop to Rp 7,950 to the Greater Jakarta. Of course, it's become a nightmare for foreign gas stations that still sell Rp 9,950.

"The transfer of subsidies, can suppress the foreign gas stations such as Shell to lower the price," said Chairman Tim RTKM Faisal Basri in Jakarta, Monday (22/12).

Now, if the foreign gas stations do not want to lower the price because of fear of loss, meaning they still sell at a pretty good price disparity. It is not impossible, to make buyers run.

Members of the Governing Body Committee Downstream Oil and Gas (BPH Migas) Migas, Ibrahim Hashim said the recommendations as part of efforts to build energy sovereignty. To maintain the climate, actually Shell, Petronas, and Total have the same opportunity to distribute subsidized fuel.

So, later on foreign gas stations there are the same price for products RON 92. Each year, BPH Migas open a beauty contest for companies that are interested in distributing subsidized fuel. For this year, the winner is PT Pertamina and PT AKR.

"Go ahead, anyone. Every time selection, dozens of companies involved. So we selesksi administration, selection techniques, to finance. This year, the choice of conical and provide subsidized fuel through the assignment of a business entity that has infrastruktrur namely Pertamina and AKR," he explained.

Shell and Petronas actually never participated in a beauty contest. However, Ibrahim remember very well the two companies that withdrew because there are several requirements that can not be met. The most severe is the outer infrastructure ownership or Jabodetabek.

If they want to distribute subsidized fuel, foreign gas stations absolutely necessary to build a network again. Is not easy and takes a huge cost indeed, but it is an absolute requirement for subsidized fuel distribution in the hands of the government. "If eligible, anyone can participate distribute," he explained.

On the other hand, Ibrahim said that the realization of the recommendation is necessary because the demand for high-octane fuel greater. Vehicle latest high octane calls asking to move the machine properly.

Shell as one of the foreign gas stations are facing bankruptcy due to sell 92 RON fuel is higher than Pertamina can not say much. Country Marketing Manager of Shell Retail, Julio Manuputty when contacted last night chose to wait for government action against the recommendation.

"We have not been able to leave a comment. Still waiting for the rules bagimana later," he said.

Same phrase also appears when touched on whether recommendations made by the team leader Faisal Basri harm it or not.

The ball is now in the government, whether to accept or reject the recommendation. However, most likely received open from the emergence of a positive view of the recommendations.