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GTSI signed a contract with BP Berau worth IDR 58.22 billion

19 October 2021 14:37

JAKARTA – PT GTS Internasional Tbk (GTSI) earned additional income worth USD 4.1 million, equivalent to IDR 58.22 billion (IDR 14,200/USD), from BP Berau Ltd. President Director of GTS Internasional, Kemal Imam Santoso, announced the news in the information disclosure, quoted today (19/10).

This working contract was initiated first on October 4, 2021, and effective until the next 92 days. “[It involves] providing boats to transport LNG from Tangguh LNG Port and distribute it to several LNG unloading terminals in Indonesia,” Santoso further explained.

The contract signing was joined by BP Berau Ltd and PT Hikmah Sarana Bahari (HSB), a subsidiary of GTSI. This project would solidify the company’s financial condition and customer portfolio.

Last week, GSI and Gas Entec Co Ltd, Korea, also signed a non-law binding, non-material Memorandum of Understanding (MoU) regarding the cooperation commitment in the LNG infrastructure field. (LK/ZH)

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