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Jakarta Post
The Jakarta Post
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EDITORIAL: Juggling for reform in Pertamina


    The Jakarta Post

Jakarta | Mon, March 20, 2017 | 08:13 am
EDITORIAL: Juggling for reform in Pertamina Elia Massa Manik (second left) was appointed the new president director of state-owned oil and gas giant Pertamina during the company's general shareholders meeting at the State Owned Enterprise Ministry in Jakarta on March 16. (Courtesy of/State-Owned Enterprises Ministry)

PREMIUM Few may doubt that turnaround specialist Elia Massa Manik is sufficiently qualified to helm state oil and gas company PT Pertamina. With his Midas touch, oil and gas service company PT Elnusa, Pertamina’s publicly listed subsidiary, and state plantation holding company PTPN III have returned to profitability. But Pertamina is not a conventional company. It is the epitome of an inefficient...