Waiting for Abu Dhabi’s Promise

Pertamina is pursuing the completion of the Balikpapan refinery expansion project. The shadow of uncertain funding looms over.

Retno Sulistyowati

January 17, 2022

STANDING before dozens of journalists invited to the Balikpapan refinery development master plan (RDMP) in Balikpapan, East Kalimantan, on January 8, Nicke Widyawati was seen with a smile on her face. The Chief Executive Officer (CEO) of Pertamina announced that the progress of work on one of the company’s megaprojects has reached 46.92 percent by the end of December, slightly ahead of the target of 45.54 percent. “Starting

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