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Indonesia's Minister of Energy and Mineral Resources Balil Lahadalia said at a press conference that consumers switched from more expensive gasoline to this low-grade oil, causing No. 90 gasoline stocks to fall to about 16 to 18 days of demand. Partial shortages are due to distribution issues; they are not a shortage of fuel supplies across the country. High-grade gasoline and diesel have not experienced similar supply pressure. Note: The subsidized No. 90 gasoline Pertalite is the most widely used vehicle fuel in Indonesia. Inventory is expected to return to approximately 20-day consumption levels within a week.
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Indonesia's Minister of Energy and Mineral Resources Balil Lahadalia said at a press conference that consumers switched from more expensive gasoline to this low-grade oil, causing No. 90 gasoline stocks to fall to about 16 to 18 days of demand. Partial shortages are due to distribution issues; they are not a shortage of fuel supplies across the country. High-grade gasoline and diesel have not experienced similar supply pressure. Note: The subsidized No. 90 gasoline Pertalite is the most widely used vehicle fuel in Indonesia. Inventory is expected to return to approximately 20-day consumption levels within a week.
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