Pertamina May Import 5 Million Barrels of Gasoline in April

By Bambang Dwi Djanuarto

March 10 (Bloomberg) -- PT Pertamina, Indonesia’s state- owned oil company, plans to import 5 million barrels of gasoline in April, Marketing Director Achmad Faisal said.

Pertamina is seeking to draw down its diesel stockpiles, Faisal said in a telephone interview from Jakarta today. The company holds inventories equivalent to 35 days of consumption and is trying to lower that to 25 days.

The refiner is in negotiations to sell 30,000 kiloliters of diesel fuel to PT Aneka Kimia Raya Corporindo Tbk, Faisal said.

To contact the reporter on this story: Bambang Dwi Djanuarto in Jakarta at bbjakarta@bloomberg.net