Release: Petromindo expands to database, research business and regional markets
Monday, April 25 2011 - 03:47 AM WIB
?The expansion to research and database business and to regional market is part of our commitment to supporting the growth of the industries. Indonesia is a major producer of energy sources, such as coal and LNG and has huge CBM and geothermal potentials. Furthermore, it is one of the fastest growing economies today and has attracted global attention thanks to its successful transition to democracy and the resilience of its economy during the recent financial crisis,? says Petromindo?s CEO Alexander Ginting.
?Investors or investment bankers from around the world are coming to Indonesia to tap the country?s huge energy resources. We believe there is a huge demand for accurate data and research on the industries, which Petromindo will provide,? he adds.
Since its establishment in 1999, Petromindo, which is now known as the biggest provider of business information on oil, mining and energy in Indonesia, is also active in organizing seminars and conferences on the industries and produces best-selling business directories on Indonesian coal and oil and gas industries. It has also produced maps on coal, geothermal and minerals. It has also published three monthly magazines that is AgroAsia (which focuses on agribusiness), CoalAsia (which focuses on coal industry) and OGE Asia (which focuses on oil, gas and electricity industries) over less than one year.
In line with the expansion plan, Petromindo has recently signed a memorandum of understanding with India?s leading research and data provider Infraline to jointly market their products in Indonesia and India, co-organize seminars in Indonesia and India and sees more opportunities for cooperation in the future.
?We believe we shall greater opportunities to expand our products by cooperating with Infraline,? Alexander says. (end of release)