Indonesia’s NOC Pertamina has selected Oman’s Overseas Oil and Gas and Cosmo Oil International to develop the project, Reuters reported, adding that Pertamina expects to secure a 10% interest in the refinery, as well as 20% of the facility’s output.
“Hopefully in 2025 this refinery will be operational,” Ardhy N. Mokobombang, Pertamina’s director of refinery mega-projects and petrochemicals, told the agency.
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