Monday, January 10, 2011

Pertamina eyes Middle East, Africa export markets

The Jakarta Post, Jakarta | Tue, 01/11/2011 7:29 AM | Business

State-owned oil and gas firm Pertamina on Monday announced plans to export 150,000 kiloliters of lubricant to the Middle East and Africa this year, among its efforts to become a world-class company.

“We are looking at Egypt, Jordan and several African countries,” Pertamina marketing and trade director Djaelani Sutomo said Monday as quoted by kontan.co.id.

The Pertamina lubricant Fastron is currently exported to countries including Singapore, Philippines, Timor Leste, Myanmar, Australia, Japan, Pakistan, United Arab Emirates and Belgium.

The head of Pertamina Lubricant’s brand and communications department, Redesmon Munir, said he was satisfied with Pertamina's ability to penetrate the Japanese market.

“Japan is a sexy market ... It has a large purchasing power and consumers pay attention to quality and service excellence,” he said.

Last year, Pertamina exported 80,000 kiloliters of lubricant, worth US$240 million.

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