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Pertamina to add 26 owned tanker vessels to transport oil and gas products

JAKARTA (rambuenergy.com) – State owned oil and gas company PT Pertamina said it will in the near future add 26 owned tanker vessels, raising the number of owned fleet to 90 vessels. The move is aimed to cut the costs to transport oil and gas products in the long-run as well as reducing dependency on leased tanker vessels.

Currently, Pertamina used own tanker vessels as well as tanker vessels owned by other companies on contracted basis. The company claimed that using owned vessels is proved to be cheaper and more efficient compared to contracting vessels from other tanker owners.

VP Corporate Communication of Pertamina Wianda Pusponegoro said in June alone, Pertamina has three times transported crude oil to the company’s oil refineries using Pertamina’s owned tanker vessels.

Its MT Gamalama tanker vessel with dead weight tons (DWT) of 80,000 metric tons delivered crude oil from Malaysia, namely on June 2, 2015 and on June 20, 2015. The vessel transported 576,336 barrels of crude oil in the firs trip from Terminal Kidurong and 600,141 barrels from Kikeh Terminal in the second trip.

Another tanker vessel MT Gunung Geulis, delivered 574,812 barrels of crude oil from Kikeh Terminal on June 1, 2015.

Pertamina said it saved around US$22 million or Rp287 billion from transporting crude oil by its owned tanker vessels. Currently, Pertamina operates 200 tanker vessels, comprises of 136 contracted vessels and 64 owned vessels. (*)

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