State oil and gas company Pertamina booked net profit of nearly US$2 billion in the first nine months of 2017, thanks to higher average price of oil and gas, which lifted its sales revenue to US$31.38 billion from US$26.62 billion in the corresponding period of 2016. The Company was forced to sacrifice nearly US$1 billion of net profit to cover losses from fuel price gap under the public service obligation (PSO) scheme.To subscribe please click here
