saudi aramco to supply up to 270,000 bpd of crude to indonesia refinery
jakarta, may 23 (reuters) - energy giant saudi aramco is ready to supply up to 270,000 barrels per day (bpd) of crude oil to a refinery it will jointly upgrade with indonesia's pertamina , chief executive of the southeast asia state-owned energy company said on monday.
forecasting growing crude oil demand, saudi aramco is seeking to invest further in indonesia's refining and petrochemicals sector, part of broader expansion plans in china, india, vietnam and the united states.
saudi aramco and pertamina on monday signed an engineering and project services contract with amec foster wheeler, which will undertake the basic engineering design for the $5 billion upgrade to the cilacap refinery in central java.
"aramco is determined to make cilacap refinery the best in asia," pertamina ceo dwi soetjipto told reporters.