State-owned oil and gas firm Pertamina is expected to start a trial sale of its RON-95 bioethanol fuel brand this month. The gasoline, dubbed Pertamax Green 95, would be sold at around Rp 13,500 per liter.
tate-owned oil and gas firm Pertamina is set to begin a trial sale of its new bioethanol fuel product in 17 gas stations across Jakarta and East Java in the third week of this month.
Pertamina’s new fuel product contains a mixture of 5 percent bioethanol derived from molasses, a sugarcane waste product, and Pertamax, gasoline with a research octane number (RON) of 92.
The fuel would have RON of 95, Pertamina said, and the company decided to name the product Pertamax Green 95 – despite 95 percent of its mixture still coming from fossil fuel.
The public will need to pay around Rp 13,500 (90 US cents) a liter for the new fuel, slightly higher than its Pertamax predecessor at around Rp 12,400 a liter.
“Pertamina is open to the possibility of expanding the product to other areas, but we still need to examine the results of the market assessment made in the two regions,” Irto Ginting, corporate secretary of Pertamina’s commercial arm Pertamina Patra Niaga, told The Jakarta Post on Wednesday.
Pertamina’s new schedule is a slight setback from the company’s previous target to launch the product in June.
Read also: Pertamina to launch bioethanol gasoline this month, CEO says
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