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Bintulu to reduce dependency on LNG cargo
2009/4/21
Bintulu Port Holdings is aiming to reduce its dependency on liquefied natural gas (LNG) cargo to 60 percent of its total operating revenue in the next five years, said its chairman Tun Mohd Eusoff Chin, the Edge Financial Daily reported.
Currently, LNG revenue contributes 78 percent of the company''s total operating revenue. Eusoff said Bintulu Port would only further develop LNG facilities if such a need arose.
"To realise this, the group will enhance existing facilities as well as develop new facilities such as refurbishment of the multipurpose terminal and development of 19.1 hectares for operation buildings and yard,"Eusoff said
He said the company planned to expand its container terminal, which includes stacking yard, additional berths and container freight station, develop an additional berth for the edible oil terminal, oil and gas terminal and break bulk facilities, which comprise 500 metre berths, warehouse and storage yard.
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2009/4/22