THE PEL BUNKERING SCHEME: A COMPANY WITHOUT TANKERS, A MONOPOLY WITHOUT COMPETITION, TRILLIONS IN PROFITS
PELINDO SERIES – PART 7: FUEL MONOPOLY WITHOUT CAPITAL 🔥 Search Description (English, ≤150 characters): Captive market, zero investment: how PEL drains billions from state-owned ships. Label: Strategic Opinion | Global Economy | Geopolitics HOOK: The Most Comfortable Business in Indonesia Imagine a company that: • Does not own a single tanker vessel • Has no working capital (operational funds) of its own • Bears virtually no risk (because buyers are required to pay deposits in advance) • Has no competitors (absolute monopoly) • Yet still receives discounts of up to 35% from Pertamina That company is PT Pelindo Energi Logistik (PEL) — a subsidiary within the Pelindo corporate group responsible for fuel bunkering services for all vessels operating within the Pelindo Group. This is not business. This is THE EXTRACTION OF STATE RESOURCES DISGUISED AS STATE-OWNED ENTERPRISE SYNERGY. PART 1: THE MONOPOLY STRUCTURE – WHO IS PEL, AND WHO CONTROLS IT? PEL is a subsidiary o...