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Jakarta to overhaul Pertamina in reform move

The Pertamina revamp and the subsidy changes will improve the transparency of oil transactions and help curb what the government has described as an energy 'mafia', says minister Rini Soemarno.


INDONESIA will overhaul national oil company PT Pertamina as the government seeks to improve the management of state-owned enterprises and deliver infrastructure projects after slashing fuel subsidies.

A plan for Pertamina to take over oil importing from its offshore...

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