Pertamina inks deal with Aramco for refinery upgrade

摘要

Indonesia’s state-owned Pertamina has signed a heads of agreement for a $5.5 billion upgrade of the Cilacap refinery with Saudi Aramco, president director Dwi Soetjipto said in a statement Thursday. The project is expected to be on stream in 2021, he added. The upgrade will hike the capacity of the crude distillation unit to 370,000 b/d and the refinery’s complexity index will also increase from 3 to 9, he said.