13 January 2026
13 January 2026
The facility, expanded from 260,000 to 360,000bpd, is currently Indonesia’s largest refinery.
Strong industrial demand propels acetic acid capacity additions in the region through 2030.
The extension is crucial for reaching the anticipated FID, which is expected to be made next month.
The MoU outlines that JHI will retain a 35% interest in the licence and continue as the operator.
The contract entails supplying OCTG products and services.
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