Aug 10 - KPC & Pertamina Sign MOU for a Refinery in Indonesia

Source Press
Company Kuwait Petroleum CorporationPertamina 
Tags Refining & Marketing Activities
Date August 20, 2010

(KUNA) KPI, a wholly owned subsidiary of Kuwait Petroleum Corporation (KPC), and  Pertamina,  signed a memo of understanding for a feasibility study of a new oil refinery in Indonesia. Under the memo, both parties will jointly carry out a prefeasibility and feasibility study for an investment opportunity in Indonesia for the proposed new Balongan refinery with a capacity of 200 to 300 KBPD integrated with Petroleum complex located in west Java, as well as downstream marketing activities.

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