State owned oil company PT Pertamina reaped Rp 21 trillion (US$2.39 billion) from the sale of 3.19 million kiloliters of airplane fuel, called Avtur, in 2010, marking a Rp 5 trillion increase compared to 2009 figures.
“This increase is accompanied by an increase in sales from a volume point of view,” Pertamina aviation marketing manager Rifky E Hardijanto said, as quoted by tempointeraktif.com.
Pertamina sold 2.8 million kiloliters of airplane fuel in 2009.
This year, Pertamina has targeted a sales figure of 3.3 to 3.4 million kiloliters of airplane fuel and Rp 17 trillion in sales.
The sales figure is similar to last year’s target given the assumptions of the average Indonesian Crude Price (ICP) at US$80 per barrel.
