Indonesian Political, Business & Finance News

MAPCO seeks coal in RI

MAPCO seeks coal in RI

TULSA, Oklahoma, USA (Reuter): MAPCO Inc. said Tuesday it signed a joint venture agreement with PT Tambang Batubara Bukit Asam, the state coal mining company for the Republic of Indonesia.

The agreement calls for the study, development and marketing of coal reserves on Tambang Batubara's South Sumatra concessions and participation in the development of related power plants, power transmission facilities and rail and port facilities.

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