12 months Pertamina eyes $1-B LNG investment in PH MB |Biz
By Bernie Cahiles-Magkilat PT Pertamina, the second-largest crude oil producer in Indonesia, expressed interest to take part in the development of Liquefied Natural Gas (LNG) in the Philippines through a regasification hub project with potential investment of US$1 billion. Trade and Industry Secretary Ramon M. Lopez (Bloomberg) Trade and Industry Secretary Ramon M. Lopez revealed this after meeting Tuesday, Jan. 29, with PT Pertamina executives led by Corporate Marketing Director Basuki Trikora Putra, who conveyed the company’s readiness to offer its integrated LNG solutions by investing in FSRU or landed based LNG regasification and provide competitive LNG supply. This is ... more