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Pertamina signs fuel contract with Saudi Aramco

Saudi Aramco has agreed a term contract with Indonesian retailer Pertamina for the first time to supply gasoline over the second half of this year.

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Saudi Aramco Products Trading Company (ATC) will be supplying Southeast Asia’s largest fuel buyer with gasoline barrels for the first time as it tries to increase its presence in the region.

"ATC is expected to supply between 1 million to 2 million barrels of gasoline a month over this period (July to December," a Singapore-based trader said.

The fuel supplied by Aramco Trading will be 88-octane and 92-octane gasoline grades.

State-owned Pertamina is Indonesia’s biggest retailer with a network of over 5,700 gas stations plus a number of mobile sites.

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