August 1, 2018 / 5:09 AM / a year ago

Pertamina invites Socar, JX Nippon to partner on Balikpapan refinery upgrade

JAKARTA, Aug 1 (Reuters) -

* Indonesia's state-owned energy company, Pertamina, has approached Azerbaijan's state oil company Socar and Japan's JX Nippon for possible partnership to upgrade the country's Balikpapan oil refinery, a Pertamina director said on Wednesday

* "We are inviting JX Nippon again to see if they are interested or not," Pertamina Megaproject Director Heru Setiawan told reporters at an industry conference, referring to the project

* "If there's more than one it would be OK. We'd have a majority (holding) of 51 percent at least," he added referring to the refinery upgrade project in East Kalimantan province (Reporting by Wilda Asmarini; Writing by Fergus Jensen; Editing by Christian Schmollinger)

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