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View all search resultsCoordinating Maritime Affairs Minister Luhut Pandjaitan said he wants to push for the emergence of a new player in the jet fuel or avtur business in an effort to lower airfares and boost tourism in the country.
President Joko “Jokowi” Widodo has called on state-owned oil and gas holding company Pertamina to reduce the price of aviation fuel (avtur) to lower air ticket prices, but an economist says that it will only further burden the company.
State energy holding company Pertamina has allocated five fuel terminals (TBBM) and two avtur (jet fuel) stations that will operate 24 hours a day to anticipate a consumption jump during the 2018 International Monetary Fund-World Bank Annual Meetings in Bali.
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