The Indonesian government has refused a provision in a debt restructuring agreement signed by PT Trans Pacific Petrochemical Indotama (TPPI) and its creditors in December, as per Jakarta Post. The Indonesian Government is the biggest shareholder in TPPI. TPPI is a fuel producing company and around 70% of its assets belong to the state.As per coordinating Economic Minister Hatta Rajas, a condition that required state oil and gas producer PT Pertamina to purchase fuels from TPPI at a price Rp 500 a liter higher than the market price, is unacceptable. The House of Representatives Commission-VI overseeing trade, industry, investment, cooperatives, small and medium businesses and state-owned companies, also urgedthe government last month to cancel TPPI's debt restructuring due to the potential Rp 20 trillion in losses inflicted on state finances.
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机译：据雅加达邮报报道，印尼政府拒绝了PT Trans Pacific石化Indotama（TPPI）及其债权人在12月签署的债务重组协议中的规定。印尼政府是TPPI的最大股东。 TPPI是一家燃料生产公司，约70％的资产属于国家所有。根据协调经济部长哈达·拉贾斯（Hatta Rajas）的规定，该条件要求州石油和天然气生产商PT Pertamina以每公升Rp 500的价格从TPPI购买燃料。比市场价格高，是不能接受的。负责监督贸易，工业，投资，合作社，中小型企业和国有公司的第六委员会，上个月还敦促政府取消TPPI的债务重组，因为这可能给国家财政造成20万亿印尼盾的损失。
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