The government has confirmed that Pertamina, the state-owned oil and gas company, remains steadfast in its partnership with Rosneft for the development of an oil refinery. This affirmation comes despite previous reports detailing challenges faced by the Russian partner. Deputy Minister of State-Owned Enterprises (SOEs), Kartika Wirjoatmodjo, addressed the media on Monday, highlighting that the collaboration on the Tuban Grass Root Refinery (GRR) project is still underway. Rosneft continues to be Pertamina’s key partner in this endeavor, aiming to establish an 80 kilobarrel-per-day gasoline project, estimated at a cost of US$13.5 billion, as reported by Bisnis.
“Discussions are ongoing, particularly in light of Russia’s current geopolitical situation, which has presented certain challenges. We are actively working towards finding feasible solutions, and we anticipate progress within the next six months,” stated Kartika.