Oiltanking Karimun commissioned

07.06.16. PT Oiltanking Karimun has commissioned its new state-of-the-art Indonesia terminal with the receipt of 60,000 tonnes of gasoline and gasoline components.
The terminal, which is located within the Straits Hub, has a total storage capacity of 730,000 cbm designed to serve growing demand for petroleum products in Asia.
With land scarcity in Singapore, Oiltanking selected the island of Karimun in Indonesia as the optimal location for its latest greenfield terminal to serve regional trade. Karimun is located along the Malacca Strait and is in close proximity to Asia’s main oil trading hub in Singapore.
PT Oiltanking Karimun, a joint venture between Oiltanking GmbH and Gunvor Group, caters to the storage and handling of the full range of clean petroleum products as well as fuel oil and has ample ready-to-build land available to allow for expansions.
Positioned within a Free Trade Zone, the terminal has four deepwater berths, including VLCC capability and onshore infrastructure.