Indonesia 2020 fuel demand was down 25% y/y

  • "This year we estimate that there will be a 10%-12% increase in demand," Nicke said, adding that demand will still not be on par with 2019 levels.
04 Feb, 2021

JAKARTA: Indonesian fuel demand in 2020 fell 25% compared to the year earlier, hit by social distancing measures put in place to curb the coronavirus pandemic, Pertamina CEO Nicke Widyawati told CNBC in a televised interview on Thursday.

"This year we estimate that there will be a 10%-12% increase in demand," Nicke said, adding that demand will still not be on par with 2019 levels.

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