(EnergyAsia, January 29, Tuesday) — Indonesian state oil and gas firm Pertamina plans to invest US$2.2 billion this year to boost crude output and upgrade its refineries.The bulk or 62% of the funds will be spent on upstream projects with the remainder to be invested in the downstream and refining business.Indonesia, an OPEC member, is…
INDONESIA: Pertamina to invest US$2.2 billion to boost crude output, upgrade refineries
Posted on January 28, 2008 by EnergyAsia