Indonesian Political, Business & Finance News

PLN operates first power plant fired by crude palm oil

| | Source: JAKCHAT
I would sure like to see the long term contract wording regarding the purchase price of the palm oil for that PLN plant. Wonder if the price is set in conjunction with the one on the world market that fluctuates as well as a certain percentage of profit or they set a 2 yr or 3 yr price based on the prices when oil was 140 USD a barrel..........
Tags: business
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