PT Pertamina EP Cepu (PEPC), subsidiary of state oil and gas company Pertamina, has last week signed a syndication loan facility of US$1.85 billion with a consortium of 12 banks to finance the Jambaran-Tiung Biru (JTB) gas project. MUFG Bank is financial advisor, facility agent, and lead arranger of the facility. To subscribe please click here

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