PGN to merge with Pertagas in August
Viriya P. Singgih
The Jakarta Post
PREMIUM State-owned energy giant Pertamina expects to complete the integration of its two subsidiaries, Pertamina Gas (Pertagas) and the newly acquired Perusahaan Gas Negara (PGN), within four months with asset transfer as one of the likely options.The government on April 11 officially transferred its 57 percent share in PGN, which had a value of around Rp 38.13 trillion (US$2.66 billion), to Pertamina in...
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