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PERTAMINA IN URGENT NEED OF FUNDS TO IMPORT FUEL OIL.
(From Antara - The Indonesian National News Agency)
Jakarta, July 13 (ANTARA) - State oil company PT Pertamina wants the government to issue a letter that will enable the company to obtain a bank loan to finance the importation of crude oil and fuel oil, a spokesman said.
Pertamina's Director of Finance Alfred Rohimone said here Tuesday it would be difficult for the company to import crude and fuel oil if the government did not disburse the restitution funds to which the company was entitled for selling fuel oil in the domestic market at government-subsidized prices. As per July 2004, the amount of restitution funds the governemnt owed Pertamina was Rp12.9 …
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- GOVT TO DISBURSE RESTITUTION FUNDS TO PERTAMINA.
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News wire article from: Asia Africa Intelligence Wire
July 14, 2004
700+ words
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- PERTAMINA URGENTLY NEEDS FUNDS FOR IMPORT OF FUEL OIL.
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News wire article from: Asia Africa Intelligence Wire
July 15, 2004
700+ words
