In 2014, as soon as he was elected President, Joko “Jokowi” Widodo ordered state-owned PT Pertamina to build refineries. The President recently noted the lack of progress on this front. Bear in mind that the Government also set in motion the revitalization of 4 refineries (Cilacap, Balongan, Tuban, and Duri). Out of the four mentioned, the Tuban project is the only one with a partner (Russian Rosneft). The Balongan project is still on the land procurement stage, and the Cilacap project is in limbo following Saudi Aramco’s exit. 

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