Oil & Gas
Pertamina and Mitsui Break Up

PT Pertamina terminates its agreement with a Japanese commercial company, Mitsui & Co Ltd, concerning the construction of a residue fluid catalytic-cracking (RFCC) unit at its Cilacap refinery, Central Java, because the two could not agree on a business model for the project. The end of the collaboration is stated in the document on termination, mutual settlement, release and discharge agreement signed last