Pertamina: February 2022 Subsidized Solar Realization Swells, Exceeds Quota

PT Pertamina recorded that the realization of subsidized solar fuel absorption exceeded the quota set in February 2022. The subsidized solar fuel disbursement reached 2.49 million kiloliters (kl) last month.

Meanwhile, the allocated quota for subsidized solar fuel was 2.27 million kl. This means that the realization of subsidized solar fuel exceeded the quota by more than 10%.

Nicke Widyawati, President Director of PT Pertamina (Persero), stated that the exceeding disbursement of subsidized solar fuel occurred in almost all regions, except Maluku and Papua. In these regions, the realization of subsidized solar fuel only reached 96% of the quota set as of February 2022.

"With coordination with the government, we continue to supply despite the over-quota condition. Therefore, we hope there will be no queues or shortages (of solar fuel)," said Nicke in a meeting with Commission VI of the Indonesian House of Representatives (DPR RI) on Monday, March 28, 2022.

Furthermore, Pertamina estimates that the disbursement of subsidized solar fuel will swell to 17 million kl by the end of 2022. This figure is significantly higher than the quota set by the government, which is only 14 million kl.