Tuesday, May 19, 2009

New tanker helps ensure more reliable fuel deliveries

InterOil has announced a major new initiative aimed at improving bulk fuel delivers to the north coast and the islands.
The company has taken out a long-term lease on a modern oil tanker to service the ports in the region
The vessel, the Ipsilantis, was built in 2006 and is capable of carrying 3,200 tonnes of refined fuel.
It will service the ports of Kavieng, Manus, Wewak, Alotau and other ports as required on a monthly basis, delivering refined fuels from InterOil’s Port Moresby refinery.
InterOil Products Limited general manager Peter Diezmann says the vessel is particularly well suited to northern waters.
“She is state-of-the-art in design and construction and her moderate draft of five metres makes her ideal for ports with shallow drafts,” he said,
The Ipsilantis can carry the full range of refined fuels, unleaded gasoline (ULP), diesel and kerosene to domestic ports and will also be used for exports in the future.
“Her acquisition will help ensure we maintain reliable and regular deliveries to our network of bulk fuel terminal facilities.
“The vessel will greatly enhance our ability to service these important markets and will be of great benefit to our many customers there.
“Her acquisition is evidence of our continued commitment to properly service the entire nation with our full range of quality fuels”.

For further information
Susuve Laumaea
Senior Manager Media Relations - InterOil Corporation
Ph: (675) 321 7040
Mobile: (675) 684 5168

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