Investment Value | : | IDR 199,3 Trillion |
Funding Scheme | : | State-Owned Enterprice(SOE) |
Location | : | Tuban, East Java |
Project Owner | : | PT Pertamina |
Construction Commencement Date | : | 2019 |
Commercial Operation Date | : | 2024 |
Project Status | : | Transaction Stage |
Project Description
Tuban Refinery is a refinery construction project in Tuban, East Java, with total capacity 300 thousand barrels per day. The refinery is planned to use petrochemical configuration and integrated with PT Trans Pacific Petrochemical Indotama.
Project Significance
Considering the need for fuel and the vision to achieve energy security, Indonesia needs to grow the domestic refinery industry. If we build Tuban Refinery, we are going to enhance the provision of crude oil and oil fuel in Indonesia to be able to reduce import dependence.