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Loss of competitiveness with foreign gas stations Allegedly the reason that entrepreneurs “flooded” by selling Pertamina gas stations

JAKARTAKOMPAS. comMany effort gas stations or Pertamina gas stations in Jabodetabek are sold by their owners. It is believed that this phenomenon occurred due to the inability to compete with foreign gas stations, the emergence of electric vehicles and lack of profits product.

Gadjah Mada University (UGM) economist Fahmy Radhi said that even though market certainty is quite large, operating costs including sales tax are quite high, especially in some areas.

This is what causes the phenomenon Pertamina petrol station out of stock.

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Minimum profit

“In my opinion, this phenomenon is due to the fact that the margin or profit from the retail service station business is very small. Even though there is considerable market certainty, operating costs, including sales tax, PBB are quite high. So that will further reduce profits,” Fahmy told Kompas.com on Thursday (5/1/2023).

Fahmy also revealed that strategic areas in big cities, such as Jakarta considered less competitive with foreign service stations. This includes better service at foreign gas stations, than at Pertamina petrol station.

“I suspect that Pertamina gas stations are losing competitiveness to foreign gas stations, especially if they are located near foreign gas stations, because foreign gas stations have better service, so consumers move,” he said.

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photo" data-photolink="http://money.kompas.com/image/2023/01/05/210000726/kalah-saing-dengan-spbu-asing-diduga-jadi-alasan-pengusaha-ramai-ramai-jual?page=2">Kompas.com/Ahmad Naufal Dzulfaroh A screenshot of gas stations for sale in the market

About service

As for what you need to pay attention to in relation to the service, including in terms of speed, accuracy of the quantity purchased, in terms of quality.

In any caseit cannot be denied that Pertamina gas stations have more numbers than foreign gas stations.

“Pertamina has to do better, otherwise it certainly won’t be able to compete, even if the price is the same. People will tend to choose foreign gas stations, but there are not so many foreign gas stations owned by Pertamina, that’s what makes Pertamina (maybe) not require standard service,” she added.

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Switch to electric vehicles

On the other hand, Fahmy also highlighted the potential for the switch from conventional vehicles to electric vehicles. This is also considered to be a sunset for the Pertamina gas station business where many people will switch from using fuel to electricity.

“In the future, the gas station will also enter an industrial sunset, it will sink if the electric car community gets bigger and many of them switch to electric cars. So that sales at gas stations are decreasing,” he said.


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