Indonesia port chief sees new oil terminal by 2012
09.22.2009 - NEWS
A new oil and gas terminal will be built at Jakarta's Tanjung Priok port by 2012, the port's president director told Reuters on Thursday, adding that he would meet officials from the state energy firm within weeks to finalise the deal.

The port in North Jakarta, run by the state-owned company Pelindo II, is Indonesia’s biggest and most strategic port, handling 50 million tonnes of cargo a year.
The proposed terminal would be used to store oil products and liquefied petroleum gas shipped from other parts of Indonesia and would cut down on storage costs, Richard Lino, who took over as president director of PT Pelindo II in May, said in an interview.
Lino said he would discuss the proposed oil and gas terminal with officials from state oil company, Pertamina, soon.
“We can start construction mid-next year and maybe take another two years to finish it,” he said. “The government is now promoting the use of LPG in homes and so on and Pertamina doesn’t have the facilities to entertain this. And the reason for the oil is that there was a big fire at a Pertamina oil storage facility close to the city recently so now they want a facility not so close to the population.”

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