SAAC-Persero sign MOU for petrochem-project-in-Tuban

摘要

Saudi Aramco Asia Company Limited (SAAC), a subsidiary of Saudi Aramco, and PT Pertamina (Persero) signed a Memorandum of Understanding to jointly evaluate the economic feasibility of building an integrated refining and petrochemical project in Tuban in East Java, in the Republic of Indonesia. A project team will work on the next phase of the project, which will consist of a joint scoping study that will include market research, configuration studies and economic analysis.