Indonesian Political, Business & Finance News

NKK wins RI ship contract

| Source: JP

NKK wins RI ship contract

JAKARTA (JP): NKK Corporation of Japan announced in Tokyo
Saturday the signing of a contract for the construction of a
22,500-cubic-meter carrier to transport liquefied natural gas
(LNG) from Indonesia.

The company said the vessel was ordered by Mitsui OSK Lines
Ltd and Nusantara Shipping Ltd, a joint venture between Nisscho
Iwai Corp and PT Humpuss Intermoda Transportasi.

Upon delivery, the carrier will be chartered by state oil firm
Pertamina to transport LNG from its gas terminal in Bontang to
Japan for Hiroshima Gas Ltd and Nippon Gas Co Ltd.

The two gas firms have contracted to import 200,000 tons of
LNG annually from Indonesia for 15 years. (rid)

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