current events | February 25, 2026

What is Pertamina Indonesia?

What is Pertamina Indonesia?

Pertamina is Indonesia’s largest state-owned enterprise (SOE) in terms of revenue and income. The company is active in the upstream and downstream sectors of the oil and gas industry.

Where is Pertamina from?

PT Pertamina (stylized as PERTAMINA, formerly abbreviated from Perusahaan Pertambangan Minyak dan Gas Bumi Negara, lit. ‘State Oil and Natural Gas Mining Company’) is an Indonesian state-owned oil and natural gas corporation based in Jakarta.

Is Pertamina a monopoly?

The Pertamina monopoly used a model called the production sharing contract. It was introduced in Indonesia in the 1960s and is now used for oil and gas contracts by around 40 developing countries in Africa, Central Asia and Southeast Asia.

Is Pertamina listed?

Jakarta, August 3, 2021 – PT Pertamina (Persero) is once again listed as the only Indonesian company included in the 2021 Fortune Global 500 list. Pertamina was able to raise revenue to USD 41.47 billion and earn a profit of USD 1.05 billion in 2020.

Is Pertamina state owned?

Pertamina is the national energy company, 100% owned by the Government of Indonesia with the Minister of State-Owned Enterprise (SOE) as the Shareholder Proxy.

How many refineries does Pertamina?

6 Refinery Units
Pertamina owns 6 Refinery Units (RU) with total capacity reached 1.046,70 thousand barrels.

Is Pertamina state-owned?

How much is Petronas worth?

In the 2017 Forbes Global 2000, Petronas Gas was ranked as the 1881st largest public company in the world….Petronas.

TypeState-owned enterprise
Total assetsUS$144.43 billion (Q3 2020)
Total equityUS$95.22 billion (2016) from US$93.44 billion (2015)
OwnerMalaysian Government
Number of employees47,669 (2020)

How many gas stations are there in Jakarta?

In Jakarta, Shell has 34 gas stations and Total has 9 stations. Currently, most of people use subsidized gasoline which is the lowest quality one, rather than the good ones.

What sells Pertamina?

In marketing sector, Pertamina carries out marketing, trading and distribution of a number of products such as fuel, lubricants, LPG, petrochemical products and other non-fuel products to domestic and overseas markets.

Who owns Petronas Twin?

KLCC Holdings Sdn Bhd

Petronas Towers
CostUS$1.6 billion
OwnerKLCC Holdings Sdn Bhd
Height
Architectural451.9 m (1,483 ft)