Indonesia’s state oil and gas company, Pertamina, recently signed an agreement with three banks for a US$200 million short-term facility to help pay for imported oil over the next few months. According to Antara news agency, the facility provided by Standard Chartered Bank, Bank Central Asia and Citibank will help ensure Indonesia will not…
INDONESIA: Three banks provide US$200 million short-term financing facility for oil imports
Posted on November 29, 2004 by EnergyAsia