News
16 May 2019

Pertamina expects bank mandates Q3 for Balikpapan refinery

In:
Oil & gas
Region:
Asia-Pacific

State-owned oil and gas company Pertamina is expected to mandate banks in Q3 for its $5 billion Balikpapan refinery expansion in East Kalimantan, Indonesia.The expansion will be financed on a debt-to-equity ratio of around 70:30 with the $3.5 billion debt portion expected to come from a combination...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
28 November 2025

Sizewell C: Adapting RAB to new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...

Perspective
05 December 2025

Can Brazilian water keep delivering for private capital?

The liberalisation of Brazil’s water sector in 2020 has delivered on its promise of multi-sourced private investment. Will 2026 keep up the momentum?