Pertamina seeks Government help

Management Is controlled by the Venezuela national company.

August 7, 2012

Pertamina is requesting assistance from the government to negotiate with Venezuela on investment plans in the country. The purpose of the lobby is to enable Pertamina to obtain oil from its investment in Venezuela.

Pertamina's Director of Investment Planning and Risk Management Afdal Bahaudin explained that, based on the country's policy, investors only receive dividends not oil. Pertamina, however, would like to have an offtake agreement on the oil

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