Letters
Tuesday, October 21, 2008
On Pertamina
With tall foreigners in slick suits roving Pertamina’s corridors today, one could mistakenly think one has entered a New York investment bank. The truth is this is Jakarta, not New York, and the low profile McKinsey consultants who “work” for Pertamina have had a pretty sweet deal for a long time. Indonesia finds it hard to justify renewing OPEC’s US$3.1 million annual membership fee because of dropping oil production, yet s
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