The project to cost around Ro90 trillion (US$9.7 billion) will be financed with fund from the state budget, Oil and Gas Director General Edy Hermantoro said here on Tuesday.
The government will have a participating capital in the project, Edy said here on Tuesday.
Pertamina, which owns all six oil refineries in the country, has the competence and experience in building as well as in operating oil refineries, he added.
"Pertamina knows all about the specifications of refinery and types of oil products. Pertamina needs only to collaborate with us," he said. (IGT)
: Masuki
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