JAKARTA : The refinery arm of Indonesian state energy firm Pertamina is redesigning its refinery expansion plans to meet shifting demands from a transition towards renewable energy, its chief executive said on Tuesday. Under Pertamina's 2015 refinery development plan, the company aims to upgrade four of i
JAKARTA : The refinery arm of Indonesian state energy firm Pertamina is redesigning its refinery expansion plans to meet shifting demands from a transition towards renewable energy, its chief executive said on Tuesday.
"Previously, we had a long list to increase capacity and we were emphasising volume," he said of the 2015 plan. According to a 2021 presentation by Pertamina, upgrades of Dumai, Plaju and Cilacap would require a combined $6.2 billion, with expected completion in 2027.
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