Indonesia to Seek Higher Price From China for LNG

  Indonesia will send a delegation to China later this month to seek a higher price for its liquefied natural gas, the head of oil and gas upstream watchdog SKK Migas said Monday. “We’ve met with Cnooc officials” during their visit last week, Rudi Rubiandi told reporters. “Our delegation will go to China on May…

Hot Port news from GAC

  Your daily news service from ports around the world. In this HOT PORT NEWS, read about: * Saudi Arabia, Rabigh – Revised port charges * Indonesia, Anyer Terminal – Re-opening of jetty, ahead of schedule * Singapore, Singapore – Construction of solid handling pier & protection bund DATE: May 14, 2013 COUNTRY: Saudi Arabia…

Pelindo I net profit, revenues rise 36% Y/Y in Q1 2013

  (SeeNews) – May 14, 2013 – Indonesia’s state-owned port company PT Pelabuhan Indonesia I (Persero), or Pelindo I, saw its net profit and revenues grow by over 36% year-on-year to IDR 93 billion (USD 9.5m/EUR 7.3m) and IDR 238 billion, respectively, in the first quarter, mainly thanks to higher container handling volumes. The port…