Jokowi moots cooperation or merger of state oil companies with Malaysia

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KUALA LUMPUR: The state oil companies of Malaysia and Indonesia could cooperate or even merge to expand their businesses together, Indonesian Presiden...

This handout from Ministry of Communications and Multimedia taken and released on Aug 9, 2019 shows Prime Minister Tun Dr Mahathir Mohamad and Indonesia’s President Joko Widodo shaking hands during the official welcoming ceremony in Putrajaya. — AFP: The state oil companies of Malaysia and Indonesia could cooperate or even merge to expand their businesses together, Indonesian President Joko Widodo said on Friday during a state visit to Kuala Lumpur.

“These two enterprises, I think, are already like sisters. We can expand together to other countries, we can look for oil together, we can export downstream products to other countries,“ he added in the interview withWidodo also said that both nations should start working together “as soon as possible” to challenge a European Union ruling to phase out palm-based biodiesel as a renewable energy source. “If we don’t react to this issue, other countries will follow .

 

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Indonesia’s Widodo moots cooperation or merger of state oil companies with Malaysia | Malay MailKUALA LUMPUR, Aug 9 — The state oil companies of Malaysia and Indonesia could cooperate or even merge to expand their businesses together, Indonesian President Joko Widodo said today during a state visit to Kuala Lumpur. Asked during an interview if he had considered the prospects of cooperation... Merger dah merger dah, masalah europe ni belum lg, sini bayar saya
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Jokowi moots cooperation or even merger of Petronas, PertaminaThe Indonesian president says the two state oil companies should collaborate or even combine to become a big enterprise with more capacity, capital and equity. FMTNews Whatever you do, make sure Sarawak gets its 20% oil royalties. Sarawak needs more roads, bridges, schools, clean water, etc. The money is wasted on West Malaysia coz all you’re doing is giving first class stuff to third class people. With no integrity as proven in other ventures, what guarantee this will work !
Source: fmtoday - 🏆 5. / 72 Read more »