Shell resumes Indonesian sales after restrictions curbed supply
Shell has resumed petrol sales at its retail stations in Indonesia after import restrictions curbed supply and left its outlets temporarily dry.
Petrol will be gradually available again starting Dec 7 at Shell’s gas stations in the capital Jakarta, and Indonesian provinces of West Java and Banten, it said on Sunday (Dec 7).
The stations ran dry in October amid import restrictions imposed by the Indonesian government on private retailers such as Shell, BP and Vivo Energy. State oil and gas company Pertamina is permitted to import fuel on behalf of retailers that have exhausted their quotas.
Indonesia is South-east Asia’s largest petrol importer and the availability of the driving fuel has been tight and, at times, insufficient to meet local demand due to the restrictions. The latest shortages were wider than those seen in previous months.
Shell has about 200 gas stations across the country. It received a delivery of 100,000 barrels of fuel from Pertamina last week, according to a statement by a Pertamina unit. BLOOMBERG
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
More Culture
Don’t Pull Out of Germany
Merz’s stupidity is no excuse for a stupid response. Source link
Step inside the gorgeous, futuristic offices of Vast, the startup designing the next-gen space station
A tall baobab tree greets people inside the Long Beach, California, headquarters of Vast, an aerospace company that is building the space station of the future. It’s planted beneath a…
5 ways high-performing teams stay calm when everything’s on fire
When markets swing, plans break, inboxes explode, and everyone starts saying the situation is “unprecedented” again, most teams do what humans have always done under pressure: they grip…
Confused Trump Openly Admits Plot to Rig Midterms as Polls Turn Brutal
Last week, the Supreme Court gutted protections against racial gerrymandering, and Donald Trump is already urging Republicans to seize on it. Trump unleashed a Truth Social rant on Monday…




