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Energy

PIS’s 302 Tanker Fleet Secures Indonesia’s Energy Supply Chain

04 Dec, 2024
PIS’s 302 Tanker Fleet Secures Indonesia’s Energy Supply Chain

PT Pertamina International Shipping (PIS), a subsidiary of Pertamina, plays a critical role in Indonesia’s energy logistics. With its vast fleet of 302 tankers and 402 support vessels, the company ensures the distribution of over 160 billion liters of energy annually. This includes oil, natural gas, coal, and LPG, contributing significantly to Indonesia's energy security and resilience.

Strategic Importance in Energy Logistics

The Institute for Development of Economics and Finance (INDEF) highlights PIS's role as a linchpin in Indonesia’s energy supply chain. Its infrastructure, including the Tanjung Sekong LPG Terminal, supplies 40% of the nation’s LPG needs. Such capabilities are vital, especially amidst global disruptions caused by geopolitical tensions like the Russia-Ukraine war and Middle East conflicts.

Advancing Energy Security Goals

PIS's operational excellence underpins its contribution to Indonesia’s energy security. By leveraging its advanced logistics network, the company ensures equitable energy distribution across the archipelago. INDEF’s Abra Talattov emphasizes that PIS’s robust logistics infrastructure is pivotal in mitigating global supply chain risks and supporting Indonesia’s long-term energy goals.

PIS’s Vision and Performance

In 2023, PIS recorded a 60.9% profit increase, driven by a transformative strategy called "Vesselleration." This program focuses on modernizing fleet operations, improving revenue streams, and enhancing collaboration within the Pertamina Group. Additionally, the company supports decarbonization efforts by exploring carbon capture and storage (CCS) technologies, demonstrating its commitment to environmental sustainability.

Challenges and Future Outlook

While PIS excels in logistics, it faces challenges in maintaining efficiency amid rising energy demands and environmental considerations. The company’s ongoing initiatives, such as expanding its fleet and integrating green technologies, reflect its proactive approach to overcoming these challenges. With its strategic focus, PIS is well-positioned to strengthen Indonesia's energy security and achieve sustainable growth.

PT Pertamina International Shipping exemplifies the critical role of logistics in energy resilience. Its extensive fleet, innovative strategies, and commitment to sustainability ensure that Indonesia's energy supply chain remains robust, even in the face of global uncertainties. As PIS continues to evolve, it sets a benchmark for excellence in energy logistics.

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