<p class="Default"><em>PT. Kereta Api Indonesia ( Persero) or PT. KAI is one of the State Owned Enterprises (SOEs) which is engaged in land transportation, namely trains that operate on the islands of Java, Sumatra and Sulawesi. In the process of providing these transportation services, PT. Kereta Api Indonesia (Persero) requires a lot of fuel oil which must be available continuously in accordance with the target of running the train service . In the BBM supply chain process , PT. KAI has the potential risk that caused it may cause risk losses and some risk other harm to the company. PT. KAI cooperates with PT. Pertamina Patra Niaga as a third party (Second Supplier) in process supply chain between PT. KAI as a buyer and PT. Pertamina (Persero) as a producer / supplier, which is tasked with managing fuel oil stock from the PT. Pertamina Patra Niaga depot including maintenance, storage, and management to customer locations. Departing from the problems of this study tried to do the risk analysis by applying the method risk manajement ISO 31000 in order to determine the effectiveness of strategies PT. KAI in managing fuel oil supply chain risks . In the distribution of subsidized fuels that have been implemented before 2012 by PT. KAI using the loco scheme, which found the potential risk with a level of High/Untolerable (high outside the risk tolerance limit) so that PT. KAI responds to this problem by reducing / transferring risk. In the other words PT. KAI is trying to move the risk by using the services of third parties in the supply and management of fuel for the operational needs of railroad consumption</em><em></em></p>