PT Pertamina released its Pertamax Green 95 fuel product on Monday, July 24, 2023. This product is a blend of Pertamax fuel with 5% bioethanol, and its quality is claimed to be equivalent to RON 95 fuel.
Currently, Pertamax Green is sold in limited quantities at 10 gas stations in Surabaya and 5 in Jakarta, priced at Rp13,500 per liter. How does its price compare to other brands of fuel?
Based on data compiled by Databoks, Pertamax Green 95 has the lowest price in the RON 95 fuel class.
In July 2023, Vivo sold RON 95 fuel under the name Revvo 95 for Rp13,580 per liter.
Shell sold RON 95 fuel under the brand Shell V-Power, and BP under the brand BP Ultimate, both priced at Rp13,780 per liter.
Pertamina projects that Pertamax Green 95 absorption on Java Island could reach more than 90,000 kiloliters (kl) per year, with ethanol needs reaching 5,000 kl per year.
The President Director of PT Pertamina Patra Niaga, Riva Siahaan, stated that the company targets daily sales of Pertamax Green at around 400 liters per day.
This target, according to him, is quite realistic considering the sales rate of RON 95 fuel from all private gas stations is between 700 and 1,000 liters per day.
Riva said that to ensure the optimal development of Pertamax Green 95, government support is needed in terms of regulations that encourage the use of bioethanol, such as the determination of ethanol excise duties and the regulation of the selling price formula.
"Pertamina Patra Niaga hopes that this government support can create synergy to encourage the expansion and development of Pertamax Green 95 throughout Indonesia," Riva said, as quoted from Katadata.co.id, Monday (July 24, 2023).
The Pertamina gas stations selling Pertamax Green in the Jakarta area are MT Haryono, Fatmawati 1 and Fatmawati 2, Lenteng Agung, and Sultan Iskandar Muda Kebayoran gas stations.
In Surabaya, Pertamax Green can be purchased at Jemursari, Soetomo, Mulyosari, Merr, Ketintang, Karang Asem, Mastrip, Citra Raya Boulevard, Juanda, and Buduran gas stations.