After more than 25 years, Indonesia will likely see construction of a new oil refinery. It is not a greenfield project, but in the form of fifth refinery unit at Balikpapan complex of state oil and gas company Pertamina. Still, this US$5 billion project will be the second largest oil and gas processing facilities kicked off by Jokowi-Kalla administration after Tangguh LNG Train 3 (US$8 billion) in West Papua.To subscribe please click here