TUBAN OIL REFINERY

Name of Project

Tuban Refinery

Total Investment

Rp 199,3 Trillion

Description

Tuban Refinery is a refinery construction project in Tuban, East Java, with total capacity 300 thousand barrels per day. The refinery is planned to use petrochemical configuration and integrated with PT Trans Pacific Petrochemical Indotama.

PROJECT SIGNIFICANCE

Considering the need for fuel and the vision to achieve energy security, Indonesia needs to grow the domestic refinery industry. If we build Tuban Refinery, we are going to enhance the provision of crude oil and oil fuel in Indonesia to be able to reduce import dependence.

Latest Status

Transaction Stage

Source Budget

–

Funding Scheme

State-Owned Enterprice(SOE)

Project Owner

PT Pertamina

Planned Commence Date

2019

Planned Commercial Operation

2024