Pertamina invests Rp 36t to strengthen downstream business
State-owned energy company Pertamina has started a long-run investment program value Rp thirty six trillion (US$2.5 billion) to strengthen its downstream business, with a spotlight on constructing infrastructure for fuel and liquefied fossil fuel gas (LPG) distribution across the country.
Pertamina provide chain and infrastructure director Gandhi Sriwidodo aforementioned in Sikka regency, East Nusa Tenggara, on Monday that some comes had been completed, whereas others were beneath construction or still being planned.
“The main objectives of the comes is to strengthen the nation’s energy sovereignty, support the government’s single fuel value program, the transition from hydrocarbon to LPG in japanese Dutch East Indies and to support inter-island property,” Gandhi aforementioned as reported by kompas.com.
Gandhi was in Maumere, Sikka regency, to attend a commencement for the development of a fuel terminal.
He explained that of the Rp thirty six trillion allotted for the program, Rp twenty trillion would be accustomed finance the development of twenty nine strategic comes, consisting of fuel terminals, pipe network comes, LPG terminals, the repair and development of extra facilities at ports in addition because the construction of supply depots for airplanes.
Gandhi aforementioned Pertamina had spent Rp four.9 trillion to construct ten fuel terminals and Rp ten trillion to finance twelve LPG terminals.
“For japanese Dutch East Indies, Pertamina can construct four controlled LPG terminals in Bima, Kupang, Wayame and Jayapura,” he said, adding that the event of the facilities aimed to boost the potency of LPG distribution, significantly by eliminating the utilization of floating storage and offloading (FSO). (bbn)
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