Indonesia`s Pertamina Eyes Rosneft Refinery Deal by Year End

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Indonesian state-owned energy company Pertamina [PERTM.UL] is aiming to sign a joint venture deal with Russian oil giant Rosneft for the development of a new greenfield refinery in Tuban. East Java. by the end of this year. a company official said on Tuesday.
The project would be 45 percent owned by Rosneft and 55 percent owned by Pertamina. Pertamina Finance Director Arief Budiman told reporters.