Ignasius Jonan, Minister for Energy and Mineral Resources Minister (ESDM), and his China counterpart, the Administrator National Energy Administration (NEA) Nur Bekri, have on Monday (Nov 13) signed memorandum of understanding (MoU), aiming at improving cooperation and investment in the energy and mineral resources. The Energy Forum was attended by 96 companies from China and 40 from Indonesia. The Chinese companies took part in the development of 35 GW mega power plants program also downstream mineral and coal. Jonan said that a Chinese company is in talks with state-owned energy company PT Pertamina about the Bontang refinery project. Bontang fuel refinery is a new refinery project with production capacity of 300,000 barrels per day. The refinery will be built alongside a petrochemical complex, targeted for completion in 2024.