Pertamina (Persero)

Balikpapan Refinery Upgrade Project - Financing

Borrower(s)
Pertamina (Persero)
Industry
Oil & gas/Oil - Downstream (Refining)
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Indonesia

Deal Overview

Kexim has signed a $1.2 billion project financing agreement with Indonesian state-run petrochemical company Pertamina to help fund the expansion of a refinery.The project involves the expansion and renovation of Pertamina's oil refinery facilities operating in Balikpapan, the southeast of...

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Deal Volume
$1.2bn
Financial Close
16/12/2022
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Project Deals

Balikpapan Refinery Upgrade Project
$6.73bn
Brownfield
Oil - Downstream (Refining)
Asia Pacific
Asia Pacific
Indonesia