Medco ties up with Mitsui

Thu, 27 Apr 2000, 00:00 WIB | Source: JP

JAKARTA (JP): Publicly listed PT Medco Energi Internasional
signed a memorandum of understanding with Japanese trading
company Mitsui & Co. Ltd. on Wednesday for cooperation in
marketing crude oil, financing arrangements and development
projects.

Medco said in a statement that the agreement covers a
cooperation on oil export facilities in South Sumatra, and oil
and gas development projects in Central Sulawesi.

Medco is Indonesia's largest privately owned oil company. (10)

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