Pertamina Plans to Invest Big in Gas Infrastructure

Pertamina plans to invest about $155.4 million in capital to improve its gas infrastructure next year, a company executive told Jakarta Globe.

Hari Karyuliarto, a director of gas business at Pertamina, said the company planned to build as many as 14 gas refueling stations next year as it projects more vehicles would use gas-powered engines.

Indonesia is encouraging people to use gas instead of oil in order to reduce gasoline consumption. The program, though, has seen little progress mainly due to lack of infrastructure and the availability of cheap subsidized fuel, Jakarta Globe said.

The government has obtained a supply guarantee for 7.16 million metric standard cubic meters per day to support the program.