Pertamina group of companies sign Rp3.2t contract
Friday, December 28 2012 - 01:35 AM WIB
By Romel S. Gurky
State oil and gas firm PT Pertamina and its three subsidiaries have signed an agreement on the sales and purchases of oil fuels and lubricants worth Rp3.2 trillion.
The three units are PT Pertamina EP (PEP), PT Pertamina Geothermal Energy (PGE) and PT Pertamina Drilling Services (PDSI).
PEP makes up the majority of the contract, with Rp2.6 trillion transaction for 3 years. The contract of PGE and PDSI meanwhile are valued at Rp450 billion (5 years) and Rp150 billion (5 years), respectively.
Editing by Dadan Wijaksana