October 9, 2019 / 12:32 PM / 11 days ago

Indonesia's Pertamina considers new partner for green refinery

JAKARTA, Oct 9 (Reuters) -

* Indonesia’s state energy firm PT Pertamina is considering a new partner to develop the green refinery it had planned to build with Italian energy company Eni SpA, Pertamina’s director Budi Santoso Syarif said, putting the partnership’s future in doubt.

* Eni requirement that it only process certified palm oil, is among the factors behind the rethink, Syarif said on Wednesday.

* Green fuel is part of the Indonesian government’s plan to absorb palm oil, which faces rising resistance in markets such as Europe.

* Pertamina and Eni signed a head joint venture agreement in January to build a refinery in Indonesia that would produce fuel completely derived from crude palm oil.

Reporting by Wilda Asmarini Writing by Fransiska Nangoy

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