Pertamina, Iran sign agreement on LPG supply
Monday, May 30 2016 - 01:16 PM WIB
State owned oil and gas firm PT Pertamina and state-owned Natioal Iranian Oil Company (NIOC) signed on Monday an agreement on the supply of LPG from Iran to Indonesia.
The agreement was signed in Tehran during the visit of Indonesian Minister of Energy and Mineral Resources Sudirman Said to the country.
?This is our third visit to Iran. I am happy that over time, the economic and business cooperation between Indonesia and Iran has keep stronger and improved. Today, a landmark cooperation agreement on LPG supply has been signed by NIOC and Petamina,?Sudirman said.
Under the agreement, Iran will supply 88,000 tons of LPG to Indonesia this year and the supply will be increased to 500,000 tons in 2017.
Editing by Johannes Simbolon