Oman to support Indonesian USD10bn refinery project
Date
1/31/2018 2:34:53 AM
(MENAFN) Oman's Overseas Oil and gas (OOG) has partnered with Indonesia's Pertamina along with Japanese Cosmo Oil International for the development of the Indonesian firm's $10 billion refinery at Bontang.
Oman was confirmed by the project's director Ardhy N Mokobombang that it is to offer funds to the development with the firm anticipating a 10% stake to be taken.
The Indonesian firm aims to arrive at a closing investment resolution on the 300,000-barrel-per-day Bontang grass roots refinery project.
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