A leading Hong Kong-based company recently announced its interest in investing in the filling station business in Southeast Asia’s largest economy. Foreign investors have shown strong interest in the downstream oil and gas business in Indonesia.
The investor had visited Indonesia a number of times. They had met with Pertamina to share their investment plans in the general commercial fuel business in Indonesia.Currently it owns 42 petrol stations and two oil terminals with a storage capacity of 374,500 cubic metres. It also has a fleet of 16 vesselswith the capacity to transport 68,600 tons of oil. In addition, the company has a marketing network that covers almost the whole of Hong Kong.
To ensure the plan goes ahead, a designated BKPM marketing team in Hong Kong will oversee the investment interest.
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