Pertamina invests Rp 36t to strengthen downstream business
State-owned energy company Pertamina has started a long investment program price Rp thirty six trillion (US$2.5 billion) to strengthen its downstream business, with a spotlight on constructing infrastructure for fuel and liquefied crude oil gas (LPG) distribution across the country.
Pertamina provide chain and infrastructure director Gandhi Sriwidodo aforesaid in Sikka regency, East Lesser Sunda Islands, on Monday that some comes had been completed, whereas others were underneath 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 worth program, the transition from lamp oil to LPG in jap Republic of Indonesia and to support inter-island property,” Gandhi aforesaid as reportable by kompas.com.
Gandhi was in Maumere, Sikka regency, to attend a start 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 wont to finance the development of twenty nine strategic comes, consisting of fuel terminals, pipe network comes, LPG terminals, the repair and development of further facilities at ports also because the construction of supply depots for airplanes.
Gandhi aforesaid Pertamina had spent Rp four.9 trillion to construct ten fuel terminals and Rp ten trillion to finance twelve LPG terminals.
“For jap Republic of Indonesia, Pertamina can construct four pressurised LPG terminals in Bima, Kupang, Wayame and Jayapura,” he said, adding that the event of the facilities aimed to enhance the potency of LPG distribution, notably by eliminating the utilization of floating storage and offloading (FSO). (bbn)
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