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Pertamina

Pertamina

Industry: 
Energy
Country: 
Indonesia
Contact Information: 
Sources: 

"Indonesia is seeking a long-term oil supply deal with Iran in anticipation of a possible end to sanctions against the Persian Gulf nation over its nuclear program. Resources Minister Sudirman Said will discuss potential crude supply and investments with Iran on the sidelines of an Organization of Petroleum Exporting Countries meeting in Vienna on Friday, according to a statement on the ministry's website... Talks will examine the possibility of PT Pertamina, Indonesia's state oil and gas company, entering Iran's exploration and production industry either as an operator or shareholder, Said said in the statement Thursday." (Bloomberg, "Indonesia Joins Line for Iran Oil Amid Talks to Rejoin OPEC," 6/5/2015) 

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"Abubakar said that Pertamina was invited to build a fertilizer plant in Iran because the oil and gas company also had cooperated with that country in the development of an oil refinery plant."(Antara News, 6/16/2010)

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"The report said under the current arrangement, Pertamina and state-owned National Iranian Oil Refining and Distribution Company, or NIORDC, were to each hold a 40% stake in the refinery, with Petrofield Refining Company of Malaysia owning the remaining 20%. Pertamina and the other companies were to have signed a deal creating the joint company Monday, but will now wait until August, Hadihartini said in the report. The planned refinery, in Banten province on the main Indonesian island of Java, will in its first stage of production refine 150,000 barrels a day, of a mixture of 50% Iranian Extra Heavy Crude and 50% Iranian Heavy Crude, supplied by NIORDC, Antara said." (The Wall Street Journal, "STX Pan Ocean May Join Pertamina Refinery Consortium -Antara," 6/22/09)

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"State oil firm Pertamina said in March a refinery joint venture project with Iran may be delayed until 2016 from 2010. In 2006, Pertamina's unit PT Elnusa signed a preliminary deal with National Iranian Oil Refining and Distribution Company to build a 300,000-barrels-per-day oil refinery in Indonesia, which was expected to be completed in 2010." (Reuters, Factbook, 06/05/09)

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