Pertamina may sell Petral

Friday, March 14 2008 - 01:13 AM WIB

State oil and gas company PT.Pertamina is considering to sell its Singapore-based oil trading arm Pertamina Energy Trading Limited (Petral)

Pertamina Director Waluyo told reporters on Thursday that the company is currently evaluating the possibility to sell some of its subsidiaries in order to focus to ?core business?. ?"We will see whether or not Petral meets the criteria of our core business," he said.

He did not give detail. (godang)

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