AKR Corporindo: Inauguration of new petroleum tank storage facilities.
Sudirman Said, Minister of Energy and Mineral Resources (ESDM), yesterday inaugurated tank terminal facilities in Bitung in North Sulawesi, Palaran in East Kalimantan and Gabion in Medan, as well as the expansion of tank terminals in Banjarmasin in South Kalimantan and Pontianak in West Kalimantan. The inauguration ceremony was held in Bitung in North Sulawesi and was attended by the Governor of North Sulawesi, Head of BPH Migas, Mayor of Bitung, high-ranking officials from the ESDM along with the Board of Commissioners and Directors of AKR Corporindo (AKRA). Additional capacity added to the terminals inaugurated today will strengthen the logistics and supply chain network of AKRA, which is a reputable private-sector distributor of petroleum and basic chemicals, and support the company’s growth in Eastern Indonesia. The Bitung Tank terminal commissioned has a storage capacity of 30,500 Kilo litres (KL), the Palaran new tank terminal 15,000 KL and the Gabion Medan new terminal 15,000 KL. Furthermore, with expansion of existing storage tanks in Pontianak of 19,500 KL and in Banjarmasin of 10,000 KL, the overall storage capacity of AKR will increase to 656,000 KL spread across 15 locations in Indonesia. The company has invested Rp1,031b in building the new terminals and expanding the tank storage facilities.