Chinese delegation offers funding for oil, gas businesses
Tuesday, May 28 2002 - 06:27 AM WIB
A visiting delegation of China International Economic and Technology Corporation has offered funding for investments in Indonesia?s oil and gas sector, a government official told Petromindo.com on Tuesday.
?They offered funding for oil and gas investments in Indonesia,? said Maizar Rahman who is secretary of the government?s commissioners for state oil and gas firm Pertamina.
Maizar said the delegation had alo asked Indonesia to buy China-made oil tankers.
The 11-member delegation on Tuesday met with Minister of Energy and Mineral Resources Purnomo Yusgiantoro and others.
It is the last in a series of visits by Chinese investors over the past months to explore possibilities of doing business in the country?s energy sector.
China?s PetroChina Co. and CNOOC have become Indonesia?s major energy producers after purchasing this year a number of oil and gas operations in Indonesia. (Godang)