ONCE again Pertamina has had to bow its head in defeat to an oil company from China. In January this year, Pertamina's bid for the Repsol YPF (oil and gas company from Spain) oil and gas blocks in several operating areas in Indonesia, was beaten by the offer from the China National Offshore Oil Corporation (CNOOC). This time Indonesia's national oil company, which will soon celebrate its 45th anniversary, was beaten by the China National Petrol