Eni signs memorandum of understanding with Pertamina

Source: press release, 21 September

Eni was the first company to convert a traditional refinery into a biorefinery, transforming organic raw materials into high-quality biofuels
Eni was the first company to convert a traditional refinery into a biorefinery, transforming organic raw materials into high-quality biofuels (photo: Eni)

Eni and PT Pertamina (Persero) have signed, at Eni Green Refinery in Porto Marghera, Italy, a memorandum of understanding (MoU) further expanding the relationship into green refinery.

The Parties agreed to explore a wide array of new opportunities across the entire energy value chain.

This MoU represents a step forward in Eni’s strategy to strengthen its presence in the Far East, looking for new business opportunities with a particular focus in the downstream sector; leveraging also Eni unrivalled experience in converting and operating first-class bio-refinery assets.

Eni has been present in Indonesia since 2001, conducting operations of exploration and production. Today production derives from Muara Bakau block (Eni’s interest 55%) where Jangkrik field started-up in 2017.