PTT aims to join Pertamina Indonesia refinery study
BANGKOK -- PTT Global Chemical has offered to partner Indonesian state-owned oil company PT Pertamina in a feasibility study to explore the potential for a new refinery project in Indonesia.
After Pertamina chooses its partner, the study will be conducted to determine production capacity, investment details, and a timeframe, said Pailin Chuchottaworn, CEO of PTT, the parent of PTT Global Chemical.
PTT sees investment opportunities in Indonesia's energy sector given its huge population and potential demand
, he said.
Separately, PTT has opened a representative office in Indonesia to facilitate the export of its products to the country, said Mr. Pailin. Dow Jones Newswires
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