Investment decision on Rosneft Indonesian refinery seen in 2024
MOSCOW, Oct 11 (PRIME) -- A final investment decision on a U.S. $24 billion joint refinery of Russian oil major Rosneft and Indonesia's Pertamina in Indonesia is to be made in July–December 2024, Director-General of Oil and Gas of the Ministry of Energy and Mineral Resources of Indonesia Tutuka Ariadji said Wednesday on the sidelines of the Russian Energy Week.
"I think that a final investment decision in the business process between Rosneft and Pertamina will be made next year, maybe, in the second to fourth quarter," the official said.
The refinery, located in the town of Tuban, will produce Euro-5 class fuel.
End
11.10.2023 11:37