INDONESIA

Pertamina, Indonesia's state-owned oil and gas company, oversees all oil and gas operations in Indonesia, from exploration through marketing. It was organized in 1968 by merging two existing state-owned oil and gas companies, PN Pertamin and PT Permina. Pertamina is short for "Perusahaan Pertambangan Minyak dan Gas Bumi Negara." A six-member board of directors headed by a president director manages Pertamina. Pertamina's president director is appointed by the president of Indonesia ;

Aug 16th, 1993
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