Japan’s Nippon Yusen Kaisha (NYK) is set to get a great deal more gas business out of Indonesia, having signed a shipping deal with the country’s state-owned energy giant, Pertamina.
NYK has signed an energy transportation memorandum of understanding with Pertamina International Shipping (PIS), a wholly-owned subsidiary of Pertamina.
The agreement positions the two companies as strategic partners in energy transportation and covers ownership and management. The companies have already started discussions concerning a detailed joint business, particularly involving the ownership and management of LNG carriers as exclusive partners.
