News
08 June 2023

Pertamina nears signing on Balikpapan debt

In:
Oil & gas

Pertamina is set to sign a $3.1 billion ECA-backed loan to finance the upgrade of its Balikpapan refinery in East Kalimantan imminently. The project, with an estimated total cost of over $6 billion and located on Borneo Island in East Kalimantan, will have an increased capacity from 260,000...

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