Pertamina seeks to defer gasoline imports as coronavirus hits demand [Reuters]
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Source: Reuters
Pertamina seeks to defer gasoline imports as coronavirus hits demand JAKARTA/SINGAPORE, April 8 (Reuters) - State-owned Pertamina, Asia’s biggest gasoline importer, is in talks with suppliers to defer petrol imports in April as Jakarta’s measures to fight the coronavirus has hit demand for its fuel, a company spokeswoman said. Indonesia has joined other countries in imposing restrictions on people’s movements to prevent the spread of the coronavirus, bringing traffic to a standstill and hitting fuel consumption. The cargoes are “postponed until we need it again” depending on demand, Pertamina’s spokeswoman Fajriyah Usman told Reuters, adding that the company was also trying to manage its fuel through storage. She said sellers should agree to let Indonesia postpone imports at time when global demand has been hit. The country’s gasoline imports have fallen by about half of their average monthly total in 2019 of 1.2 million tonnes of gasoline (333,333 barrels per day), Refinitiv Oil Rese
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