Contractors to the Rescue

Region-owned enterprises will receive interest-free bailout in the oil and gas block. The ONWJ is prioritized.

December 20, 2016

Begin Troys has visited dozens of financial institutions over the past six months. The CEO of West Javas Migas Hulu (Upstream Oil and Gas) is offering partnership in the financing of upstream oil and gas to a number of stateowned banks, among others Bank Mandiri, BNI and Bank Jabar Banten. Nonbank financial institutions also received a visit. Banks are not interested if there are no guarantees, said Begin last Wednesday.

Migas Hulu Jabar is a regi

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