Indonesia’s Pertamina makes first exports of lube oil to Pakistan
Jakarta, Indonesia | July 23, 2007 by
Indonesia's state-run oil and gas firm PT Pertamina said recently it has made the initial export of five containers of lube oil to Pakistan from its plant in Cilacap in Central Java .
The lube oil is produced by Pertamina in cooperation with SK Energy of South Korea.
Pertamina marketing director Achmad Faisal told reporters that Pertamina is targeting to export to Pakistan 12 containers per month. Each container carries about 14,000 liters.
He also said Pertamina may also try to export the lube oil to Vietnam and Russia .
D-8 Organizations pleased by this Indonesian and Pakistan trade development, since trade between and Indonesia and Pakistan has been increase significantly since last five years. This indicates intra-trade among member states will growing well in coming years, especially after D-8 Preferential Trade Agreement will be ratified soon.
Read Also
- Turkey ranks 29th in machinery exports
- On the Independent Days: D-8 Believes Developments of Indonesia and Pakistan will Flourish
- Pakistan-RI Trade Could Reach $2 Billion
- Global Investors Thrust Indonesian Automotive Exports
- Indonesia, Iran, and Malaysia to build $6b Oil Refinery in Banten
- D-8 Cooperation in Civil Aviation is progressing In Turkey-Pakistan
- Pakistan Ethanol Production to Reduce Oil Imports
- Indonesia, Malaysia Palm Oil Makers Join Forces Against Critics
- Rising Turkish Poultry Exports Bring Opportunity to D-8 Market
- Iran, Pakistan to Expand Bilateral Trade
Loading ...
Loading ...
Share your thoughts on this story. Please increase the credibility of your post by including your name and city, and by demonstrating respect for others' opinions. Comments will not appear immediately; all comments are moderated and will be posted in order of submission.