Jakarta (ANTARA News) - State oil and gas firm PT Pertamina said it has awarded a tanker building contract to Jiangsu Eastern Shipyard of China worth 61.49 mln usd.
Pertamina president Ari Soemarno said the firm expects to receive the tanker in July 2010 which will be used to transport crude oil.
"The trend in the (crude oil transportation) market is towards owning your own ships and Pertamina needs more ships to improve its negotiating position (for the price it pays for oil shipments). Another aim of this project is to improve our tanker facilities service and have a younger fleet of ships," he told XFN Asia.
At present Pertamina's own fleet of ships carry just 25 pct of the company's total oil needs with the rest transported by chartered vessels.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.