" /> Indonesia, RoK Sign MoU on Oil and Gas Cooperation - Sahar News
Home / World / Indonesia, RoK Sign MoU on Oil and Gas Cooperation
Indonesian

Indonesia, RoK Sign MoU on Oil and Gas Cooperation

JAKARTA – Indonesian energy producer PT Pertamina and a consortium of companies of the Republic of Korea (RoK) have signed a Memorandum of Understanding (MoU) to explore opportunities for business cooperation in Indonesia’s oil and gas sector, specifically the Dumai in Riau Master Plan for Refinery Production (RDMP).
The signing was done online on May 20, as witnessed by Bahlil Lahadalia, head of the Investment Coordinating Board.
The state-building company, PT Nindya Karya, was also involved in the transaction while DH Global Holdings Co represented the Korean consortium Ltd.
It is expected that the USD $1.5 billion projects would increase domestic oil and fuel production potential, minimize dependence on oil imports and resolve the current account deficit in the future, Lahadalia said in an official statement released on May 21.
The deal is in keeping with the efforts of the Indonesian Government to support the acceleration of the National Strategic Projects implementation of megaprojects.
Pertamina Director, Ignatius Tallulembang, said the third parties will be conducting a study to upgrade the Dumai Refinery, expressing his hope that a significant milestone will come in December.
Pertamina aimed to double its capacity to 2 million barrels per day, produce environmental friendly fuel products of the Euro5 standard and petrochemical products.
(Sahar News Monitoring Desk)

Check Also

No guarantee any Covid-19 vaccine in development will work says WHO Chief

No Guarantee Any Covid-19 Vaccine in Development will Work: WHO Chief

GENEVA – World Health Organization (WHO) chief, Tedros Adhanom Ghebreyesus, said the primary health organization …

Leave a Reply

Your email address will not be published. Required fields are marked *

8182399730 Romantix adult store Backpage st. Joseph
Russian escort houston Capital massage sterling va Rubmaps oakland
Bunnyestrada instagram Minneapolis massage parlours Transgender dates in orlando backpage Liverub manhattan
Backpage of charlotte nc Escort radar detector parts
Sexy women blowjob Backpage akron canton ohio Las vegas backpage classifieds
Cougar escorts los angeles Cairns escorts
2439 bay area blvd Transexuales de dallas Massage sex tumblr
???? Sensual massage outcall Winnipeg strip clubs Sex toy stores in san antonio
Columbia.backpage.com Flying j truck stop albuquerque nm Massage parlor dallas tx Sweetshelly269
Palm springs adultlook escorts Strip club ventura ca
Diamond greek goddess escort Sioux falls adult store Ruby backpage
Cityxguidetexarkanatexas Escort max ii platinum radar detector
Tantric massage in chicago Escort in the bay area
Asian escort montreal Dallas asian massage parlor Adult theaters fun .com
Massage backpage com Xdreams2 Escort girl montreal
Sex massage movies Backpage miami fl My red book fresno
Albquerque escorts Black pashion bbw Escort nanjing
Carrollton tx escorts Ts escort long beach
Gay male massage portland 4079172715 Backpage daly city
Escorts in dallas texas Escorts in sofld mass. South maui fish company Shemales in st louis
Kokomo in escorts Prince of peace muskegon mi
Strip clubs in kennesaw Sexy gentleman Leilanili
Strip clubs tucson az New orleans transexuals Shemails com Escort srx
4049903007 Lets see some pussy List crawler escorts
Castle sex toy Backpages philly Busan backpage College girls massage turns into girl girl sex anal,licking,fingering
Olitaescort.com Hello rocklin massage 253 broadway chula vista ca 91910
Premier spa carol stream Mature massage los angeles
Masajes para adultos en dallas tx Escorts in southgate Flamingo massage Hilton kc
Escort estonia Female escort portland maine
Spartanburg sc backpage Adult massage montreal Shemales london Relaxing sensual massage