Jakarta (Antara Bali) - Fuel oil resilience in Indonesia still raises concern and is left far behind that of other countries in Asia, such as South Korea and China, an oil official said.
"In Indonesia, fuel oil reserves can only last 20 days and all fuel oil procurements use Pertamina's money, amounting to Rp26 trillion. This causes Pertamina's operational costs to increase," Ali Mundakir, Vice President for Corporate Communications of state-owned oil and gas company Pertamina, said here over the weekend.
He added that the fuel oil reserves in Asian countries, such as South Korea and China, could supply their countries for three months.
"The fuel oil resilience of China and South Korea reached 90 days. Ideally, fuel oil resilience should be able to last for three months. In Indonesia, supplies of fuel oils could be hampered due to the lack of refinery plants," he said.
He added that one of the best solutions to the disruption of fuel oil supplies in Indonesia was to increase the number of refinery plants.(IGT)
