akuditaputri/Shutterstock Pertamina’s recent flurry of acquisitions is aimed at ensuring Indonesia’s energy security as the country lags behind ambitious production targets.Unlike Western majors and some other state-run companies, Pertamina’s appetite is for oil assets, in line with Indonesia’s structural shortage of refined products, rather than gas.More Pertamina deals could materialize in the near future with a focus on securing crude oil grades that can be processed at the company's aging refineries. Save for later Print Download Share LinkedIn Twitter The Issue
