Throughout 2024, PIS Transports 161 Billion Barrels Of Oil

Illustration (Photo: Doc Antara)

JAKARTA - PT Pertamina International Shipping (PIS) ensures smooth transportation and energy distribution from Sabang to Merauke.

This is reflected in the number of energy transportations throughout the year that have transported more than 161 billion liters of fuel and LPG with more than 20,000 sea trips.

"Currently, we manage more than 700 ships operating 24 hours daily, ensuring smooth energy distribution," said PIS CEO Yoki Firnandi, Tuesday, December 10.

Of the 700 ships, 300 of them are energy tankers and petrochemicals, of which 102 are ships belonging to PIS.

Meanwhile, 400 units are supporting vessels from PT Pertamina Trans Kontinental (PTK) which has a strategic role in marine service at hundreds of Pertamina terminals, ensuring the safety and safety of shipping energy carriers.

Not only that, PIS strengthened the national energy distribution chain through 6 energy terminals spread across the country under PT Pertamina Energy Terminal (PET), which houses 922,000 kiloliters of fuel and 284,500 metric tons of LPG.

One of these terminals is the Tanjung Sekong LPG Terminal in Banten which supports around 40 percent of the national LPG needs. This terminal is also equipped with advanced technology such as the Terminal Automation System and the Digital Integrated Operation System (DIOS) to improve operating efficiency.

PIS also strengthens reliability in delivering energy by adding an additional 11 tanker fleets. Where, most of the tankers in the form of Very Large Gas Carrier (VLGC), which is an environmentally friendly gas giant ship and are a symbol of PIS support in accelerating the energy transition to Net Zero 2060.

"Reliability and achievements in the country encourage PIS to continue to develop screens and make Pertamina proud in foreign fields," Yoki continued.

Thanks to the strategy promoted, PIS is increasingly determined to develop the market as evidenced by the non-captive market portion which reached 19.2 percent.

With the good name of Indonesia, PIS ships have now served 65 global routes. With three strategic representative offices in Singapore, Dubai and London. PIS also captures promising new opportunities, especially in Africa, Europe, and Baltic countries.

A brilliant performance was also realized by PIS by successfully recording revenues of US$1.72 billion in the first semester of 2024, up 6 percent from the same period the previous year.

Net profit reached 280.9 million US dollars, a 103 percent jump compared to 2023