Pertamina Gives 10% ONWJ Shares to West Java

Translator

Editor

Rabu, 29 Juli 2015 12:00 WIB

Stasiun produksi PT Pertamina EP Field Subang, Jawa Barat. TEMPO/Amston Probel

TEMPO.CO, Jakarta - PT Pertamina is willing to give 10 percent of shares the company owns in Offshore North West Java (ONWJ) Block to West Java-owned companies (BUMD).


Pertamina’s Corporate Communication VP Wianda Pusponegoro said Pertamina would not mind if the company’s shares decreased. “We obey the government’s decision,” said Wianda on Tuesday.


However, she stressed West Java BUMD must have enough funds to invest because Pertamina will not bail out investment funds for West Java BUMD.


“We choose business-to-business scheme with funding from BUMD on 10 percent PI,” she said.



BISNIS.COM


Oil and gasPertamina

Related News

Pertamina Geothermal Energy Nets US$47.49mn Profits in Q1

5 hari lalu

Pertamina Geothermal Energy Nets US$47.49mn Profits in Q1

Pertamina Geothermal Energy is able to maintain its net profit margin at 46 percent.

Read More

Pertamina: No Disruption on Fuel Stock amid Iran-Israel Conflict

12 hari lalu

Pertamina: No Disruption on Fuel Stock amid Iran-Israel Conflict

A Pertamina official said that oil and gas stocks were safe and would remain safe for a period of 20 days

Read More

Iran-Israel Conflict: EMR Ministry Assures Fuel Supplies in Indonesia Still Safe

17 hari lalu

Iran-Israel Conflict: EMR Ministry Assures Fuel Supplies in Indonesia Still Safe

The Ministry of Energy and Mineral Resources is confident that national fuel oil reserves in Indonesia are unaffected by Iran and Israel's conflict.

Read More

Pertamina Records Increase in Pertamax Series Fuel Consumption

22 hari lalu

Pertamina Records Increase in Pertamax Series Fuel Consumption

Pertamina official explained that people prefers to use higher quality fuel during homecoming to prevent vehicle trouble on the road.

Read More

BPH Migas Says There is Enough Fuel Stock for Ramadan, Eid

31 hari lalu

BPH Migas Says There is Enough Fuel Stock for Ramadan, Eid

BPH Migas said that the stock of fuel oil during the period of Ramadan and Eid 2024 is in a safe condition, with enough volume for more than 20 days.

Read More

Pertamina Readies Fuel, LPG Stocks Ahead of Eid al-Fitr Holiday Season

33 hari lalu

Pertamina Readies Fuel, LPG Stocks Ahead of Eid al-Fitr Holiday Season

Pertamina has stocked up fuel (BBM) and LPG (liquefied petroleum gas) in East Java, Bali, and Nusa Tenggara ahead of the Eid al-Fitr holiday period.

Read More

Pertamina Joins Forces with Bakrie Group to Develop Research Infrastructure at IKN

39 hari lalu

Pertamina Joins Forces with Bakrie Group to Develop Research Infrastructure at IKN

Pertamina and Bakrie Group have agreed to develop shared hub infrastructure in Indonesia's future capital city (IKN), Nusantara.

Read More

Groundbreaking for IISI by Pertamina, Bakrie Group in IKN Begins Q2 of 2024

39 hari lalu

Groundbreaking for IISI by Pertamina, Bakrie Group in IKN Begins Q2 of 2024

Pertamina and Bakrie Group agreed to develop Shared Hub Infrastructure in the Nusantara Capital City (IKN).

Read More

Pertamina International Shipping Ensures Adequate Supply of Fuel at Ports Ahead of Eid Homecoming

39 hari lalu

Pertamina International Shipping Ensures Adequate Supply of Fuel at Ports Ahead of Eid Homecoming

Pertamina International Shipping (PIS) guarantees a smooth supply of fuel at ports, bunkers, and depots ahead of the Eid homecoming season.

Read More

Govt Ensures No Price Hike on Pertamina's Fuel Oil

4 Maret 2024

Govt Ensures No Price Hike on Pertamina's Fuel Oil

Jokowi ensured that there would be no price hike for fuel oil (BBM) from Pertamina.

Read More

Recomended