The Investment Coordinating Board (BKPM) has launched a three-hour service for obtaining nine licenses connected to energy and mineral resources. The government is encouraging large investments in the energy and mineral resources sectors this year, said BKPM head Thomas Lembong. … Continue reading →
State-owned oil and gas firm PT Pertamina hopes it will see the groundbreaking of the development of three oil refinery plants in 2017, notably RDMP RU V Balikpapan, NGRR Tuban and RDMP RU IV Cilacap. “We hope that the groundbreaking … Continue reading →
The government expects to discuss the continuation of four strategic projects between Indonesia and Japan, among other topics, during the visit of Japanese Prime Minister Shinzo Abe to Indonesia on Jan. 15. “We will talk about Patimban Port, the Jakarta-Surabaya … Continue reading →
International Finance Corporation (IFC), a member of the World Bank Group, participated in the Aneka Gas Industrys initial public offering, with an US$11 million equity investment. “The investment will support the development of new industrial gas plants and distribution facilities … Continue reading →
The government will auction mini refinery projects in seven clusters that have been established in October or November 2016. According to the Energy and Mineral Resources Ministry, many contractors have expressed interest to build mini refineries. “We will try to … Continue reading →