Indonesian Political, Business & Finance News

Archive: 15 June 2006

1 article found

Pertamina given two years to perform

Pertamina given two years to perform Tony Hotland, The Jakarta Post, Jakarta President Susilo Bambang Yudhoyono has given state oil and gas company PT Pertamina two years to revamp its operations and transform itself into a profitable company, promising that the government would provide maximum assistance, including financing. Speaking Wednesday, the President said he also expected Pertamina's management to be free of corruption and collusion within two years.