Pertamina Eyes Rosneft Refinery Deal by Year End: Govt Official

Indonesian state-owned energy company Pertamina is aiming to sign a joint venture deal with Russian oil giant Rosneft for the development of a new greenfield refinery in Tuban, East Java, by the end of this year, a company official said on Tuesday (05/09). (Antara Photo/Widodo S. Jusuf)

By : Wilda Asmarini | on 11:51 AM September 06, 2017
Category : Business, Commodities

Jakarta. Indonesian state-owned energy company Pertamina is aiming to sign a joint venture deal with Russian oil giant Rosneft for the development of a new greenfield refinery in Tuban, East Java, by the end of this year, a company official said on Tuesday (05/09).

The project would be 45 percent owned by Rosneft and 55 percent owned by Pertamina, Pertamina Finance Director Arief Budiman told reporters.

Reuters

 
MORE NEWS