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Iran supplies LPG to Indonesia
Sabtu, 15 Oktober 2016 00:28 WIB | 299 Views
Surabaya, E Java (ANTARA News) - Iran is now a supplier of liquefied petroleum
gas (LPG) to Indonesia as Pertamina Gas 2, a very large gas carrier, arrived at
the Kalbut port in Situbondo, East Java.
In a press statement, Pertamina Marketing Operation Region V East Java stated
here on Friday that the LPG carrying ship was welcomed on arrival by
state-owned energy company PT Pertaminas president director, Dwi Soetjipto.
"Thanks to the hard work and cooperation from all parties, internally as well
as externally, in administration, financing and operational aspects, the LPG
carrying Pertamina Gas 2 vessel has arrived safely in Kalbut, Situbondo," he
Dwi added that the maiden arrival of the ship marked a new stage in the
cooperation between PT Pertamina and National Iranian Oil Company (NIOC), as it
opened the door for more significant trade between Indonesia and Iran.
He stated that the arrival also marked the opening of an opportunity for
development of other businesses between Pertamina and NIOC in the upstream as
well as downstream sectors.
"This success is inseparable from the support that the government extended,
beginning with the signing of a G-to-G memorandum of understanding between
Indonesia and Iran on February 24, 2016. It was signed by the Indonesian
director general of oil gas. This was followed by the visit of the Minister of
Energy and Mineral Resources to Iran that coincided with the signing of the
Head of Agreement between Pertamina and NIOC on May 30, 2016," he acknowledged.
Under the HOA, a trade deal was inked by Pertamina and NIOC for 2016 and 2017
for the purchase of 600,000 metric tons of LPG through commercial direct
The cooperation will benefit both parties, especially Pertamina that has always
set a supply target at a competitive price.
Apart from this LPG purchase, Pertamina and NIOC have also signed a memorandum
of understanding on a preliminary study of two huge oil fields in Iran, namely
Ab-Teymour and Mansouri (Bangestan-Asmari), that have reserves of more than 5
billion barrels in August 2016.
Earlier, Pertamina representatives visited Iran several times to study
commercial, operational and legal compliance aspects.
Dwi noted that Pertamina has also confirmed that this cooperation would be in
line with the regulations and will proceed following due diligence of all
parties involved in the cooperation process.
The LPG cargo that arrived in Situbondo on Friday totaled 44,000 metric tons
and was carried from Irans port of Asaluyeh.
After the arrival of the maiden shipment, the next cargo from NIOC is scheduled
to arrive at the end of the third week of November, around November 20,