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Eni signs Memorandum of Understanding with Pertamina

Venice, – Eni and PT PERTAMINA (Persero) signed in Porto Marghera, at Eni Green Refinery, a Memorandum of Understanding further expanding the relationship into green refinery.

The Parties agreed to explore a wide array of new opportunities across the entire energy value chain. This Memorandum of Understanding represents a step forward in Eni’s strategy to strengthen its presence in the Far East, looking for new business opportunities with a particular focus in the Downstream sector; leveraging also Eni unrivaled experience in converting & operating first-class bio-refinery assets.

Eni has been present in Indonesia since 2001, conducting operations of exploration and production. Today production derives from Muara Bakau block (Eni’s interest 55%) where Jangkrik field started-up in 2017.

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