January 23, 2012
(posted Jan. 21)
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- Pertamina to buy 26 vessels worth $370m
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- Rangga D. Fadillah, The Jakarta Post
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- To strengthen the country's energy security through a more
reliable distribution system, state oil and gas firm PT Pertamina
has announced that it will acquire 26 new vessels by 2015 with a
total investment of US$370 million.
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Of the 26 new vessels, 12 of are scheduled to be delivered this
year, two in 2013 and one in 2014. Pertamina is currently processing
the investment approval for the remaining 11 and the vessels are
expected to begin operation in 2015
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Read more on The Jakarta Post
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