Aug 05 - Pertamina - Sinopec Cooperation: MoU Signing for Tuban Refinery

Source Press Release
Company Pertamina 
Tags Refining & Marketing Activities
Date August 05, 2005

Jakarta, PT Pertamina (Persero) and China Petrochemical Cooperation (Sinopec) have signed a Memorandum of Understanding (MoU) for constructing Tuban Refinery in East Java also for developing  Pertamina’s marginal fields and brownfields. The signing ceremony was done by Pertamina’s President&CEO, Widya Purnama and The President of Sinopec, Chen Tonghai in Beijing China on July 28, 2005.

The MoU also covers the exploration and production, Business on Refinery and petrochemical (Non fuel), Engineering, Geothermal, Informatic Technology and service consultancy, also cooperation and training on Research & Development. The MoU signing is expected to be followed by actions benefiting the two parties, both in downstream sector and oil & Gas production increase in upstream sector.

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