Pertamina to award Hyundai crude carrier building contract Thursday
Tuesday, March 25 2003 - 11:38 PM WIB
State oil and gas firm Pertamina will Thursday formally award South Korea?s Hyundai Heavy Industries Co. a contract to build two very large crude carriers (VLCCs), Pertamina president director Baihaki Hakim said Tuesday.
?We shall sign the contract March 27,? Baihaki told reporters.
Pertamina said earlier that it needed VLCCs to transport crude from the Middle East to Cilacap refinery in Central Java, the country?s largest of its kind.
Arabian Light Crude from the Middle East fits with Cilacap refinery?s technology. (godang)