Jakarta, April 14 -- Investment in oil and gas could be a potential entry point for Indonesian companies in the United States, according to Deputy Minister of Investment and Downstreaming, Todotua Pasaribu.
He made the statement on the heels of the government's plan to encourage state-owned companies to invest in the US as part of negotiations to address the 32 percent import tariff imposed by the US on Indonesian goods.
"One of the strategic commodities is oil and gas. We look at the business line-up, actually some of our investments abroad have already happened, including in the oil and gas industry through a subsidiary of (state-owned) Pertamina, but we will see what the strategy is like," he said here on Monday.
The fact that a num...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.