JAKARTA - The Danantara Investment Management Agency (BPI) is currently still reviewing the construction site of 17 modular refineries worth US$8 billion. One option that is also considered is to build the refinery in the United States (US).
Danantara Chief Executive Officer (CEO) Rosan Perkasa Roeslani revealed that the cooperation project with the United States regarding the construction of the refinery is still in the early discussion stage.
"So, this is just the initial agreement, while the negotiation process is still detailed. The one led by the Coordinating Minister's office, so this is still ongoing, and we are of course participating in the process to ensure that it runs with the existing criteria," he told the media crew, Monday, July 27.
He added that the location of the refinery construction is still under preliminary studies conducted with the Ministry of Energy and Mineral Resources (ESDM) in reviewing the location of the construction.
"We are still trying to invest (discussed) early together with ESDM as well, the locations, because they are back again, this is Small Modular. Well, this is also being studied, and we are from Danantara, yes, we will also review it later," he said.
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Rosan emphasized that refinery construction options are still very open both domestically and abroad. However, the priority is efficiency and productivity.
"Yes, this is all in the process, yes indeed. Of course we will see from the most important point of view its efficiency. To be closer to not only its demand but its source-sources," he said.
However, Rosan is reluctant to answer whether this project will be built in Indonesia or not. "Yes, it can be in Indonesia. We can also see potential outside," he concluded.
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