State oil and gas firm Pertamina booked a net profit of US$822.86 million in 2020, dropping 68.5% from US$2.62 billion in 2019, as sales and operating revenue fell 24% year on year (y/y) to US$41.4 billion. Domestic sales of crude oil, natural gas, geothermal energy, and oil products declined 23% to US$33 billion. Sales of avtur and avigas dropped 61.7% to US$1.3 billion as the pandemic hardly hit the airline industry.

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