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Jakarta Post
The Jakarta Post 34
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Pertamina on the move for $15b project

  • Mustaqim Adamrah

    The Jakarta Post

Jakarta | Sat, April 3 2010 | 09:45 am

State oil and gas firm PT Pertamina will team up with several local and foreign petrochemical firms to build the first of three oil refineries in a massive project worth an estimated US$15 billion, an official says.The Industry Ministry’s director for upstream chemical industries, Alexander Barus, said Indonesia would reduce its dependence on foreign refineries to produce naphtha, which is cruci...