JTB signs dual-tranche $1.8bn gas field financing

Pertamina EP Cepu (PEPC), a subsidiary of Indonesia’s state-owned oil and gas company PT Pertamina, has signed a dual-tranche $1.8 billion financing for its Jambaran-Tiung-Biru (JTB) gas field unitisation project.The $4.6 billion project, located in East Java, comprises two fields with...