medcom.id, Jakarta: The first LPG cargo from Iran arrived on Thursday (10/13) at Kalbut Port in Situbondo, East Java.
"It is the new beginning for Pertamina and National Iranian Oil Company (NIOC)," said Pertamina president director Dwi Soetjipto in a written statement.
"It will boost trade cooperation between Indonesia and Iran," he continued.
Indonesia and Iran signed a memorandum of understanding (MoU) on February 24, 2016. Pertamina and NIOC then signed a head of agreement on May 30, 2016.
Pertamina agreed to buy 600,000 metric tonnes of LPG from NIOC. Pertamina will receive LPG from NIOC in 2016 and 2017.
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