Binusindo starts construction of fuel, gas terminal in NTT
Monday, August 28 2017 - 04:52 AM WIB
PT Binusindo Energi Indonesia is scheduled to start today construction of a planned fuel oil and gas storage terminal at the Bolok Industrial Estate in Kupang, East Nusa Tenggara (NTT) Province, Antara reported on Monday.
Binusindo President Director, Fabianus Bessie Banase, said that the company will also develop power plant, and other projects such as gas supply, and clean water facility as part of a planned Rp 8 trillion investment in the industrial estate.
Binusindo Director Setya Oetomo said that construction of the fuel and gas storage terminal will be completed in 24 months, and will have capacity of 500,000-1.2 million kilo liters.
According to company website, Binusindo was set up in 2007 and is based in NTT. The company is engaged in EPC, trading, oil and gas, and power plant businesses. (*)