ELSA Takes Over Amurang LPG Depot Management

By Editorial Team 02/09/2019
Summary

PT Elnusa Tbk (ELSA) is spurring business growth by diversifying its portfolio in the energy distribution and logistics segment through its subsidiary PT Elnusa Petrofin (EPN). Elnusa President Director Elizar P Hasibuan said the company plans to take over the management of the Pressurized Liquified Petroleum Gas (LPG) Depot in Amurang, South Minahasa, in line with its portfolio diversification measure.

“By taking over the Depot management, we believe it will sustain Elnusa's performance in a consolidated basis to face the complexity of the oil and gas business in the future,” he said in his official statement, Friday (8/30). According to the EPN President Director Haris Syahrudin, the Amurang LPG Depot's operations were initially managed by the previous operator. However, Pertamina entrusted EPN to take over the Depot operations, which has a capacity of 2x1000 metric tons (MT).

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