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NYK Inks MoU with Pertamina Group for Energy Transportation

Logistic News - Published on Thu, 28 Nov 2019

Image Source: NYK Pertamina
On November 20, NYK and PT Pertamina International Shipping, a wholly owned subsidiary of PT Pertamina, an Indonesian state-owned oil and gas company, agreed to a memorandum of understanding for energy transportation. The demand for energy transportation, especially liquefied natural gas, is expected to increase in Indonesia. To address this demand, Pertamina, the largest oil and natural gas corporation in the state, and NYK, a shipping company having considerable experience with the ownership and shipmanagement of vessels, have agreed to collaborate.

This agreement positions the two companies as strategic partners in energy transportation and covers ownership and management. The companies have already started discussions concerning a detailed joint business, particularly involving the ownership and management of LNG carriers as exclusive partners.

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Posted By : Yogender Pancholi on Thu, 28 Nov 2019
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