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New Indonesian Oil Refinery Projects in Jeopardy

petroleum_refining

Industry Segment: Petroleum Refining | Word Count: 581 Words

BANGALORE, INDIA--May 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--As demand for oil in Indonesia continues to grow, plans have been announced for two new oil refineries in Tanjung Sauh on Batam Island near Singapore. However, another proposed refinery project, an extension to the Cilacap refinery in central Java, is under threat as the Indonesian government is attempting to obtain a greater share of the project.

Companies featured: Mitsui & Company Limited (TYO:8031)


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