Pertamina International Timor SA (PITSA) is one of Pertamina’s Subsidiary, operated in Timor Leste (Republica Democratica de Timor Leste) started at November 1st 2015 . PITSA continuing Pertamina business in Timor Leste previously run by Pertamina Marketing Representative Timor Leste (MRTL). The Estasblishement of PITSA is to comply with Timor-Leste’s downstream regulation – Decree law No 1/2012 particularly Article 9 that enforces all downstream companies to have at least 5 % local participating interest. PITSA shareholders are : PT Pertamina Patra Niaga (Pertamina’s subsidiary), PT Pertamina Retail (Pertamina’s subsidiary), and 4 Consorsio Timor Progesso (Timor Leste company). PITSA has head office at Rua Praira Dos Coqueiros (Pantai Kelapa), Comoro, Dili ,Timor Leste, with Board of Directors as follows : 1. President Director & CEO : Mr. Beny Harto Wijaya 2. Marketing Director : Mr. Danang SWW 3. Operation Director : Mr. Jefri Marsal PITSA will represent Pertamina’s strong commitment to keep serving Timor Leste energy need.
