Fri, 18 Oct 1996

RI to invest in Myanmar

JAKARTA (JP): State-owned oil and gas firm Pertamina yesterday announced plans to invest in Myanmar in a bid to secure Indonesia's oil supply.

A company statement said Pertamina president Faisal Abda'oe and Myanmar's Director General of Energy Planning Department U Soe Myint, signed a memorandum of understanding in Myanmar earlier this week. (rid)