Eyeing CBM, Pertamina teams up with Sugico
Thursday, December 27 2012 - 01:26 AM WIB
By Romel S. Gurky
State owned oil and gas firm PT Pertamina has formed a cooperation with PT Sugico Graha on a joint study for coalbed methane (CBM) development.
The MoU was signed last week by Pertamina Director of Investment Planning and Risk Management Afdal Bahaudin and Sugico President Director Kokos Leo.
Pertamina expects Sugico, which has extensive CBM resources in its portfolio, to help it boosts its expansion in non conventional gas industry.
Editing by Dadan Wijaksana