Indonesian National Oil and Gas Company Pertamina Finds New Investor In NYK

Capt. John

NYK has reached a basic agreement to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of PT Pertamina (Persero), a state-owned oil and gas company based in Indonesia. The parties plan to conclude an investment agreement and complete the investment by the end of 2022.

Strengthening Ties

Pertamina is the largest state-owned oil and gas company in Indonesia, where energy demand is expected to continue to increase in tandem with the nation’s remarkable economic growth. NYK...

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