Share Sale
Defeated by a New Player

Many oil and gas production costs are still the government’s burden. Monitoring must be tight.

Tempo

July 8, 2008

AFTER over two weeks of debates in several newspapers, representatives of PT Medco Energi Internasional Tbk and Encore International Limited met with PT Pertamina. Medco was represented by Financial Director D. Cyril Noerhadi, and Yani Yuhani Rodyat Panigoro acted on behalf of Encore. Present from the Pertamina side were Upstream Director Karen Agustiawan and Financial Director Ferederick S.T. Siahaan.

According to a Tempo source, at the meeting

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