State-owned oil and gas company PT Pertamina has secured $1 million from the US Trade and Development Agency to carry out a feasibility study on downstream projects. The firm needs to develop a business plan and carry out economic feasibility studies on infrastructure projects, which include establishment of a centralised crude terminal and upgradation of its refineries to enhance production capacity. Pertamina expects to implement these projects on an urgent basis given the increasing domestic consumption demand. Meanwhile, Pertamina has acquired eight of Malaysian Petronas’s retail fuel stations in Indonesia and plans to develop and operate them itself. The fuel stations are located in Java and Sumatra. The company is also preparing to invest in the construction of 10 gas projects in the country between 2013 and 2017. The projects will be located in Sumatra, Java, Borneo, Bali, Sulawesi, and Papua, and are estimated to be worth $2.1 billion. The projects involve integrated gas infrastructure development in Sumatra and Java, as well as the construction of gas infrastructure in eastern Indonesia (including the installation of the Belawan–Arun pipeline and facility repairs at the Arun refinery).
