Dwi Soetjipto, CEO of Pertamina
Rosneft made the best offer

The partnership between state oil and gas company Pertamina and Russian oil firm Rosneft in building the Tuban refinery in East Java seems to have been a tight competition between the ministries of state-owned enterprises Ministry (SOE) and that of energy and mineral resources (ESDM). Pertamina CEO Dwi Soetjipto asserted that Rosneft's win was in line with company procedures. "We have also reported it to our shareholders," he told Tempo reporters Agus Supriyanto and Ayu Prima Sandi at the Pertamina headquarters in Jakarta, last week.

Dwi denied reports that an outsider mediated the selection process. Alongsde Pertamina refinery director Rachmad Hardadi and spokesperson Wianda Pusponegoro, he clarified the selection process, including the geopolitical considerations for choosing Rosneft.

June 7, 2016

The partnership between state oil and gas company Pertamina and Russian oil firm Rosneft in building the Tuban refinery in East Java seems to have been a tight competition between the ministries of state-owned enterprises Ministry (SOE) and that of energy and mineral resources (ESDM). Pertamina CEO Dwi Soetjipto asserted that Rosneft's win was in line with company procedures. "We have also reported it to our shareholders," he told Tempo reporters Ag

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