Tuesday, February 21, 2012

Aramco, Pertamina mull refining, petrochem project

Saudi Aramco Asia Co Ltd (SAAC) has signed an initial deal with Indonesia's state energy firm, PT Pertamina to mull building a refining and petrochemicals project in Indonesia, as per Reuters. Under tthe Memorandum of Understanding (MOU), Aramco and Pertamina will undertake a feasibility study first to jointly build a refinery and petrochemicals project in Tuban in East Java.

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