Is Pertamina government owned by?

Is Pertamina government owned by?

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.

Is Pertamina a listed company?

Business Summary. The company was established in 1957 under the name of Permina but changed its name to Pertamina after it merged with Pertamin in 1968. Pertamina is a state-owned enterprise that is fully owned by the Indonesian government and thus does not trade shares on the Indonesia stock exchange (IDX).

How many employees does Pertamina have?


Formerly PN Pertambangan Minyak dan Gas Bumi Nasional (1968-1971) Perusahaan Pertambangan Minyak dan Gas Bumi Negara (1971-2003)
Net income $2.529 billion (2019)
Total assets $67.086 billion (2019)
Total equity $31.219 billion (2019)
Number of employees 13,738 (2019)

Is Pertamina 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.

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.

When was Pertamina founded?

10 December 1957

Is Pertamina a Fortune 500?

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.

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.

How much is Pertamina worth?

Jakarta, August 3, 2021 – PT Pertamina (Persero) is once again listed as the only Indonesian company included in the 2021 Fortune Global 500 list. With a company revenue value of USD 41.47 billion in the 2020 financial year, Pertamina achieves the 287th position.

How much is Petronas worth?


Type State-owned enterprise
Total assets US$144.43 billion (Q3 2020)
Total equity US$95.22 billion (2016) from US$93.44 billion (2015)
Owner Malaysian Government
Number of employees 47,669 (2020)

What is the price of petrol in Indonesia?

For comparison, the average price of gasoline in the world for this period is 22,897.39 Indonesian Rupiah….Indonesia Gasoline prices, 04-Oct-2021.

Indonesia Gasoline prices Litre Gallon
USD 0.789 2.987
EUR 0.679 2.570

How many petrol stations are there in Indonesia?

Today, Pertamina’s supply network includes more than 5,500 retail fuel stations across the country. 5 Other vendors operate a much smaller number of stations (Table 1). An Indonesian logistics and supply chain company that trades in petroleum and chemicals and is partnering with BP on a joint venture (see below).