Indonesia aims to increase refinery capacity by 2025
As part of its plan, the capacities of Balikpapan, Balongan, Cilacap and Dumai refineries will be doubled by 2025 through basic engineering design, feasibility studies and site preparations.
The company will also build two new refineries, one in Tuban, which is in the process of site preparations and receiving environmental permits, and the other in Bontang, for which a partner is aimed to be selected by the end of April 2017.
Two new refineries will have a combined capacity of 600,000 barrels/day.
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