|Subject: AFP: Pertamina sells petroleum
products to E. Timor
Indonesian state firm gets new contract to supply fuel to East Timor
JAKARTA, May 1 (AFP) - Indonesia's state oil and gas company Pertamina has obtained a seven million dollar contract from the UN Transitional Administration in East Timor (UNTAET) to supply the territory with fuel for six months, a report said Monday.
The deal, the second one between Pertamina and UNTAET, was signed in Surabaya, East Java, on the weekend, the daily Bisnis Indonesia said.
Pertamina had in February signed a contract from UNTAET for the supply of three months of fuel and the current deal was an extension of the initial 50,000 dollar deal, said Sumarsono (Eds: one name correct), the head of a Pertamina marketing and supply unit.
"Apparently UNTAET is satisfied with Pertamina's service and finally agreed to extend its cooperation with a bigger value contract, which is seven million dollars for six months," Bisnis quoted Sumarsono as saying.
The deal with UNTAET was profitable for Pertamina since the sale is at a higher price than on the local market, Sumarsono said.
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