Pertamina-Rosneft JV lets contract for integrated complex in East Java
Oct. 29, 2019
PT Pertamina Rosneft Pengolahan dan Petrokimia, a joint venture of PJSC Rosneft and Indonesian state-owned Pertamina, has let a contract to Tecnicas Reunidas SA to carry out deliver basic engineering design and front-end engineering design for construction of a grassroots integrated oil refinery and petrochemical complex in Tuban, East Java, Indonesia.
The proposed refinery will have a crude processing capacity of 300,000 b/d and include a petrochemical complex equipped to produce more than 1 million tonnes/year of ethylene and 1.3 million tpy of aromatic hydrocarbons, Rosneft said.
The JV was established according to an agreement signed in October 2016. Rosneft owns a 45% stake, Pertamina, 55% (OGJ Online, Nov. 29, 2017).
The integrated refining and petrochemical complex—which will prompt a future petrochemical cluster in the surrounding area of Tuban—is scheduled for start-up within 5 years, Roseneft said.
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Robert Brelsford joined Oil & Gas Journal in October 2013 as downstream technology editor after 8 years as a crude oil price and news reporter on spot crude transactions at the US Gulf Coast, West Coast, Canadian, and Latin American markets. He holds a BA (2000) in English from Rice University and an MS (2003) in education and social policy from Northwestern University.