Total to open five gas stations in 2007
Following in the footsteps of Shell and Petronas, Total Indonesia, the local affiliate of the world’s second largest LNG producer, Total SA, plans to build five gas stations selling high-quality fuels in Greater Jakarta in 2007. These five new gas stations will intensify the competition in the gasoline retail business in Indonesia, with Total going head-to-head with the three existing players in the market: PT Pertamina, Shell Indonesia (the local arm of Royal Dutch Shell Plc), and Malaysian state oil and gas firm Petroliam Nasional Berhad (Petronas). The government opened up the retail fuel market in December 2005. (January 4, 2007)