TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Pertamina to upgrade refinery
JAKARTA: State oil and gas firm PT Pertamina will soon seek financial support to upgrade its Cilacap refinery, an executive said Friday
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
JAKARTA: State oil and gas firm PT Pertamina will soon seek financial support to upgrade its Cilacap refinery, an executive said Friday.
Pertamina processing director Rukmi Hadihartini said the company would first complete the Final Decision Investment for the project in October.
According to Pertamina, the preliminary cost needed would be about US$1.9 billion.
However, Rukmi said "The cost is expected to increase as the price of raw materials, such as steel, has soared. We are still calculating it."
The upgrade will add one processing unit to the Cilacap refinery. -- JP
