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Pertamina Flash News
Government Disbursement for Fuel Price Disparity Compensation Boosted Pertamina's Balance in Q4 2024: USD 1.02 Billion
We are pleased to announce that at the end of December 2024 PT Pertamina (Persero) has received compensation, amounting to around IDR 16.50 trillion or USD 1.02 billion (based on the Bank Indonesia year end middle rate). This compensation fund is approximately 51% of the receivable value in 3rd quarter 2024 and covers the price difference between the formula price and the retail price at gas stations for the distribution of JBT Diesel and JBKP Pertalite, that has been reviewed by the Financial and Development Supervisory Agency (BPKP). Read More