Wednesday, June 13, 2007

Pertamina Awards $123-Million-Worth Contracts to Build Crude Oil Tankers

(Bloomberg) -- PT Pertamina, Indonesia's state oil
company, awarded $123 million worth contracts to China's
Jiangsu Eastern Heavy Industry Co. to build two tankers to
transport crude.

The Chinese shipbuilder will build tankers with a capacity
of 85,000 deadweight tons each, Ari Soemarno, president
director of Pertamina, said in Jakarta today. The vessels will
be delivered in July 2010, he said.


Read more at Bloomberg Energy News

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