Pertamina eyes Medco stake for upstream expansion

摘要

Jakarta-Indonesia’s Pertamina may acquire a stake in Medco Energi Internasional, the country’s largest privately owned oil and gas company, as it looks to continue expanding its upstream assets, a senior government official said October 6. “Pertamina may buy Medco’s stake which is owned by Arifin Panigoro,” Mustafa Abubakar, the country’s state enterprises minister, told reporters.