JAKARTA (RambuEnergy.com) – PT Vivo Energy Indonesia, a private owned company, has officially launched its first fuel station on Saturday (Oct 28), marking the company’s move to enter fuel distribution market in Indonesia.
The company will distribute three types of fuel in line with the Presidential Instruction 191/2014, first subsidized kerosene and diesel fuel, secondly mandatory distributed fuel, namely low octane RON 88 with distribution coverage area of Java, Madura and Bali and third certain type of fuel as well certain fuel based on the instruction of the energy ministry. The company’s first fuel station, launched at the weekend, was located in Cilangkap, East Jakarta.
The country’s fuel distribution is currently dominated by Pertamina, while private companies only secured slice of the market. For start the company will distribute fuels with variety of octane, namely RON88, RON90 and RON92.
PT Vivo Energi Indonesia is a subsidiary of Vitol Group based in Switzerland. The company also operates fuel stations in Singapore, Netherland, London, Africa and Australia. In Africa, the company operates more than five thousands of fuel stations. In Australia it uses different brand called Viva and in Africa Vivo. (*)