Pumping Gas

Sukanto Tanoto has put forward a project proposal to develop a liquid natural gas refinery. But who will actually profit from this?

March 25, 2003

SUKANTO Tanoto is the sort of business tycoon who is seemingly immune to debt. Even though he has obligations to the Indonesian Bank Restructuring Agency (IBRA), a huge mountain of debts totaling some Rp2.1 trillion, this has not in any way been able to capsize his business ship. In fact, very quietly the head of the Raja Garuda Mas (RGM) business group is in the midst of developing a new business anchor. Sukanto is pl

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