(EnergyAsia, March 16) — Malaysian state gas and oil company Petronas will invest US$100 million to expand its upstream and downstream businesses in Indonesia this year. According to Petronas chairman and CEO Mohamed Hasan Marican, most of the funds will be allocated to exploration and production activities. Through eight concessions, Petronas produces about…
INDONESIA: Petronas plans to invest US$100 million in 2005
Posted on March 16, 2005 by EnergyAsia