NG Group to operate new jetty in Kota Baru by October 2015

By Cepi Setiadi

Indonesia coal mining company PT Pacific Energy Lestari, a subsidiary of Indian firm NG Group of Companies, is scheduled to operate its new jetty facility in Kota Baru, South Kalimantan by October 2015.

Biju N G, President Director of NG Group told Petromindo.com Tuesday that the jetty has a stockpiling capacity of up to 150,000 tons. ?We have already set up a manual loading, but we expect to use the jetty by October this year,? he said adding that the company has budgeted around US$ 25 million for the development of the jetty.

Pacific Energy Lestari has a concession in South Kalimantan producing coal with the CV of 6000-7500 Kcal/kg

Editing by Johannes Simbolon