Search posts by:

Search posts by:

Newsletter successfully sent
Failed to send newletter

AlwaysFree: Indonesia’s State Oil Company Pertamina Allocating $133 Million Capital Expenditure Over The Next Six Years

Author: SSESSMENTS

Pertamina, Indonesia state oil company, will allocate the capital expenditure of $133 million over the next six years. This announcement was made to the indonesian parliament on Monday, June 29, by its Strategic Director Iman Rachman. Rachman said that 47% of the total investments would come from Pertamina’s own funds, while 28% from external funds, 15% from equity financing and 10% from project financing. The Initial Public Offerings (IPO) of the company’s subsidiaries would be part of Pertamina’s fund raising strategies.

Tags: All Feedstocks,AlwaysFree,Asia Pacific,Crude Oil,English,Gas,Indonesia,SEA

Published on June 29, 2020 10:49 PM (GMT+8)
Last Updated on June 29, 2020 10:49 PM (GMT+8)