December 30, 2011 [The Jakarta Post] - State oil and gas firm PT Pertamina announced on Tuesday that it would set up a new fuel terminal on Sambu island, Riau Islands, with a total capacity of 300,000 kiloliters (kl) in a bid to strengthen the national fuel stock.
The terminal, worth US$50 million, would consist of storage with a capacity of 300,000 kl and three docks for vessels with a maximum capacity of 100,000 dead weight tons (DWT), the company’s spokesperson, Mochamad Harun, reported. The terminal would also have offices and safety facilities, he added.
“The construction of the facilities is expected to be completed in 2013. The presence of the terminal will really help us in strengthening the security of national fuel stock,” he said in a press statement.
The construction of the terminal followed up on an agreement between Pertamina and Pertamina Energy Services (PES), Pertamina’s subsidiary, which was signed by Pertamina president director Karen Agustiawan and PES managing director Nawazir on Dec. 22.
Harun explained that the terminal would serve several activities, including receiving fuel material, storing fuels, blending and distributing the fuel.
In addition to strengthening the national fuel stock, the Sambu terminal was also expected to optimize the potential of Sambu Island as a fuel business hub in Southeast Asia. The terminal can supply fuels to neighboring countries requiring fuel.
