Thursday, 21 June 2007

Itochu, Pertamina to Agree on Venture to Supply LPG to Indonesian Homes

(Bloomberg) -- Itochu Corp., Japan's fourth-biggest
trading company, and PT Pertamina, Indonesia's state oil company,
will sign an agreement today to study building a liquefied
petroleum gas terminal on Java island.

A feasibility study will be undertaken to help determine
the scale and cost of the proposed project, which will supply
LPG to Indonesian homes, Naoki Yamanaka, a Itochu spokesman in
Tokyo, said by telephone.


Read more at Bloomberg Energy News

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