Business

Pertamina, Pelni ink $2.6
million lubricant contract

State-owned shipping firm PT Pelayaran Nasional Indonesia (Pelni) and state-owned oil and gas firm PT Pertamina signed on Friday a Rp 26 billion (US$2.6 million) contract in which Pertamina will supply Pelni with lubricant for daily operational uses.   

Pelni president director Jussabella Sahea signed the three-year contract in Jakarta with Pertamina marketing and trading director Hanung Budya. The contract obliges 10 Pelni ships to use Pertamina lubricant.  

“We want to show our appreciation to Pelni for trusting Pertamina. We have committed to providing the best service and high-quality products at competitive prices. This is a good example of cooperation between state companies,” Hanung said.  

In the first stage, Pertamina will supply the 10 ships each with 50,000 to 100,000 liters of lubricant that can be topped up by 30,000 liters each, said Hanung.  

Separately, Jussabella said that of Pelni’s 25 vessels, only 10 currently used Pertamina lubricants. He went on to say that if the three-year contract turned out to be a success, the company might use Pertamina lubricants in the remaining 15 vessels.  

Currently, Pertamina is the largest lubricant producer in Indonesia with an annual production capacity of 600,000 kiloliters and a domestic market share of 60 percent. 

Pertamina exports its lubricants to 24 countries.(dic)

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