News
13 October 2022

Balikpapan upgrade out to lenders

In:
Oil & gas
Region:
Asia-Pacific
By Sean Keating

Pertamina is said to have received a strong bank response to a market sounding for the financing of its Balikpapan refinery upgrade project in Indonesia. The scheme will expand capacity to 360,000 b/d from 260,000 b/d by 2024 and carry out upgrades to meet Euro 5 quality standards. The sponsor is...

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