Pertamina signs MOU with PNG state oil company | The Jakarta Post
State-owned oil and gas company PT Pertamina and Papua New Guinea’s National Petroleum Company of PNG (NPCP) signed a memo of understanding (MOU) on their joint cooperation in the oil and gas sector.
"The memo covers our cooperation in conducting studies and business partnership possibilities in our respective countries or others," Pertamina Vice President Corporate Communication Ali Mundakir said as quoted by kontan.co.id on Tuesday.
Pertamina Investment Planning and Risk Management director Afdal Bahaudin said that after the MOU signing, his company would launch a study to probe oil and gas potential in Papua New Guinea.
"After we conduct our study, then we will talk about potential investment there [Papua New Guinea]," Afdal said.
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