[ad_1]
Jakarta, CNBC Indonesia – The government adopted a policy of large-scale social restrictions (PSBB) to prevent the crown pandemic (Covid-19). This means that the activities of the community abroad will be severely restricted, this condition causes the consumption of fuel oil (BBM) to plummet.
On the other hand, several parties have requested that the price of fuel be lowered following the downward trend in world oil prices.
In response to this, the president director of PT Pertamina (Persero), Nicke Widyawati, said that the decrease in consumption in big cities like DKI, Bandung, Makassar was more than 50%. Although sales have plummeted, Nicke said gas stations will remain open to serve customers with the Covid-19 security protocol.
“We try to push with the delivery service, with an online motorcycle taxi (Ojol) for the delivery of packaged fuel. So how is a more secure load? This is one of the reasons why we return the money to Ojol “, explained in a virtual press conference on Thursday (04/30/2020)
This decrease in demand is the lowest in history, reaching 25%. This reduction only illustrates PSBB policy in various regions. If PSBB is implemented in more areas, the demand for fuel will decrease further.
The price of crude oil in the world is cheaper than the price in the country. According to him, due to the drop in demand, BBM’s current shares have reached almost 2 months, despite the fact that they are generally only 16-18 days. He said some had to be cut, production in Balikpapan in April had stopped.
Especially for gasoline, the decrease is up to 15%, but if the pandemic is not over and demand continues to decrease, it can be reduced to 25%. “If Pertamina only thinks about profitability, we will shut down the upstream wells more cheaply, but what happens? First, as SOE, you must become a national economic director,” he explained.
Nicke further explained that upstream activities cannot really be stopped. For example, old wells cannot be closed automatically because they need a fee, and if they are activated again they also need a fee.
Although the price of fuel did not drop, Nicke said that for Ramadan he had already offered a 30% discount. Therefore, the Pertamax cs price that was initially sold at around Rp.9,000 will get a 30% discount.
“In the past, crude oil rose to a maximum, we did not necessarily increase this price, which was not easy. For Ramadan, it gave a 30% discount. Of this Rp 9,000 the figure was already lower than what the public I would have calculated, “he said.
[Gambas:Video CNBC](gus / gus)
