PTKGS – East Java Petroleum Refinery – Indonesia - Project Profile
"PTKGS – East Java Petroleum Refinery – Indonesia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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PT Kilanindo Golden Star(PTKGS) is a consortium formed by PT Indonesia Situbondo Refinery(PTISR), and the National Iranian Oil Refining & Distribution Company(NIORD) are jointly planning to build a petroleum refinery in Situbondo, Indonesia.
The project involves the construction of a petroleum refinery with production capacity of 150,000 barrels per day (BPD) on 300ha of land. It includes the construction of a processing unit, storage tanks, an admin facility, loading and unloading facilities and the installation of compressor units, related machinery and safety systems.
In June 2015, ESDM, MoPI and GoC have reached a final agreement and jointly develop the project. However, MoPI supplying feedstock and partially financing the project and GoC is providing 85% of the funds.
In November 2016, PTKGS singed a memorandum of understanding with Naftiran Intertrade Company (NICO) to supply 150,000 barrels per day (BPD) for 20 years.
Planning activities are underway.
The project involves the construction of a petroleum refinery with production capacity of 150,000BPD on 300ha of land in East Java, Indonesia.
The US$5,000 million project includes the following:
1. Construction of a processing unit
2. Construction of storage tanks
3. Construction of an admin facility
4. Construction of loading facilities
5. Construction of unloading facilities
6. Installation of compressor units
7. Installation of related machinery and safety systems
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