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Indonesia's Pertamina eyes Rosneft refinery deal by year end -official
September 5, 2017 / 7:01 AM / 19 days ago

Indonesia's Pertamina eyes Rosneft refinery deal by year end -official

PT Pertamina workers as seen during the process of loading and unloading fuel at a fuel terminal in Pematang Siantar, Indonesia North Sumatra province, October 6, 2016, in this picture taken by Antara Foto. Antara Foto/Irsan Mulyadi/via REUTERS

JAKARTA (Reuters) - Indonesian state-owned energy company Pertamina [PERTM.UL] is aiming to sign a joint venture deal with Russian oil giant Rosneft (ROSN.MM) for the development of a new greenfield refinery in Tuban, East Java, by the end of this year, a company official said on Tuesday.

The project would be 45 percent owned by Rosneft and 55 percent owned by Pertamina, Pertamina Finance Director Arief Budiman told reporters.

Reporting by Wilda Asmarini; Writing by Fergus Jensen

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