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Indonesia's Garuda, Pertamina

Indonesia's Garuda, Pertamina sign plane fuel procurement MoU

JAKARTA, Feb. 17 (Xinhua) -- Indonesia's state-run airline and oil exploration firms of Garuda and Pertamina signed an MoU to secure the fuel supply for Garuda's planes in overseas countries, a local media reported here on Wednesday.

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According to Garuda Operational Director Ari Sapari, with the MoU, Pertamina would secure fuel supply for Garuda's plane in Singapore, Kuala Lumpur, China's Hong Kong, Bangkok and Dubai.

"The MoU signing is intended to secure the fuel supply for our planes at considerably lower price," Ari was quoted by the Detik. com as saying on the sidelines of the MoU signing ceremony held at Pertamina's premises here.

According to Ari, Garuda's existing plane fuel procurement from Pertamina reached 325 million liters, or accounts for 65 percent of its total fuel procurement in flights to foreign countries that requires 500 million liters.

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With the MoU, Ari expected that the plane fuel procurement from Pertamina could increase up to 400 million liters, or 80 percent for its fuel need in its foreign countries flights

"The agreement had actually had took into effect in April 2009, to last in two years. There is possibility to extend the cooperation after the agreement terminated in 2011," Ari said.

Meanwhile, Pertamina's Marketing and Commercial Director A. Faisal said that Pertamina has been teaming up with international
embroidered patches plane fuel supply organizer, World Fuel, to secure the plane fuel supply to Garuda.

He said that it would continue using the World Fuel service to supply Garuda's plane with its fuel in those five cities.


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