Pertamina gets $225m loan to finance refinery expansion

Thursday, January 8 2009 - 02:47 AM WIB

State oil, gas company PT.Pertamina has signed in December 2008 US$225 million loan agreement with three international namely BNP Paribas, Sumitomo Mitsubishi Banking Corp. and HSBC.

CFO Frederick Siahaan told reporters that the facility would be used to finance polypropylene project at Balongan refinery in Indramayu, West Java.(bernard)

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