Tougher market ahead for Pertamina

Indonesia’s state oil and gas company PT Pertamina believes it can hold on to its 55% share of the lubricants market, despite tougher competition in knowledge_base sector. Before deregulation, the company had between a 90 to 95% market share. Pertamina’s lubricating oil sales reached 350,000 kiloliters out of a total market size of 625,000 kiloliters per year. (September 20, 2006)