Pertamina, NHM sign oil fuel contract
Tuesday, March 22 2016 - 02:49 PM WIB
By Bernard Loebs
State owned oil and gas firm PT Pertamina (Persero) signed in early March a contract with gold mining company PT Nusa Halmahera Minerals (NHM) to provide oil fuels for the latter.
The contract was signed by Pertamina?s VP of Industrial Fuel Marketing Giri Santoso and NHM?s Commercial Director Stephen Hovens, Pertamina said in a statement.
Under the contract which is effective through 2017, Petamina will provide 3,500 to 4,000 kl of oil fuels per month for NHM. The value of the contract is Rp 350 billion.
NHM operates gold mine in Gosowong, Halmahera Utara regency, North Maluku province.
Editing by Johannes Simbolon