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Indonesia's Pertamina seeks jet fuel supplies for August–December delivery

Indonesia's Pertamina is looking to buy jet fuel supplies for August to December delivery via a procurement tender, two sources said on Tuesday, citing tender documents.

The state-owned oil company is seeking to buy at least one 200,000-bbl jet fuel cargo for monthly delivery on an free on board (FOB) Straits or cost and freight (CFR) Jakarta basis via its trading arm, they said.

This will likely add up to a total of at least 1.2 MMbbl for delivery over the 5-mos period, with Pertamina looking to buy two 200,000-bbl cargoes for August delivery.

The first two 200,000-bbl cargoes' delivery timeframe should be within the August 1–9, they added.

The tender closes on July 11, with offers to be valid up to July 18.


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