Petro Storindo purchases 70,000 kl of HSD fuel
Friday, January 27 2017 - 02:57 AM WIB
Petromindo
PT Petro Storindo Energi (PSE), a unit of the well-diversified Bakrie Group, has purchased a total of 70,000 kilo liters of high speed diesel (HSD) fuel from two international traders and one local company under a contract of more than one year.
Petro Storindo Finance Director Yuanita Pramono Rohali said on Thursday that the two traders are BP Trading and Nobel Trading Pty Ltd, while the local company is IDX-listed fuel distributor and logistics firm PT AKR Corporindo Tbk.
She said that HSD fuel will be stored at the company?s new fuel storage tank located at the mining area of coal giant PT Kaltim Prima Coal (KPC) in Tanjung Bara, Sangatta Utara District, Kutai Timur Regency, East Kalimantan Province.
The fuel storage facility was inaugurated on Tuesday.
Editing by Reiner Simanjuntak