A new oil and gas terminal will be built at Jakarta's Tanjung Priok port by 2012.
The port in North Jakarta, run by the state-owned company Pelindo II, is Indonesia's biggest and most strategic port, handling 50 million tonnes of cargo a year.
The proposed terminal would be used to store oil products and liquefied petroleum gas shipped from other parts of Indonesia and would cut down on storage costs.
We can start construction mid-next year and maybe take another two years to finish it, the president of Pelindo II, Richard Lino said.
A number of representatives from Asia-based companies will be presenting at Tank Storage Asia expo & conference from 19-20 November in Singapore.
To discover more visit: http://www.tankstorageevents.com/tsasia/index.shtml