Pertamina – Balongan II Crude Oil Refinery – West Java - Project Profile
"Pertamina – Balongan II Crude Oil Refinery – West Java - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "Pertamina – Balongan II Crude Oil Refinery – West Java - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
PT Pertamina (Persero) (Pertamina) is planning to undertake the construction of Balongan II crude oil refinery project in West Java, Indonesia.
The project involves the expansion of the oil refinery with a processing capacity of up to 280,000 barrels per day (BPD) from 125,000 bpd at present.
It includes the construction of fuel retailing units, a distillation unit and hydro-treated and catalytic reformer units, the laying of an oil pipeline.
In September 2012, Kuwait Petroleum Corporation (KPC) and SK Energy Co Ltd signed a MoU with Pertamina to develop the proposed facility.
KPC had conducted a feasibility study of refinery in Indonesia and requested the government to provide tax incentives. However, the Ministry of Finance (MoF) of Indonesia refused the tax incentives for the project.
The project is expected to be completed by 2023.
The project involves the construction of an oil refinery with processing capacity of up to 280,000BPD in West Java, Indonesia.
The US$2,700 million project includes the following:
1. Construction of fuel retailing units
2. Construction of a distillation unit
3. Construction of a hydro-treated unit
4. Construction of catalytic reformer units
5. Construction of a storage facility
6. Laying of oil pipelinesReasons To Buy
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