JX Nippon Oil & Energy Corporation planned to invest in Indonesia oil refineries

  • Category:Other
Photo : gis-media.com

The largest oil refiner in Japan, JX Nippon Oil & Energy Corp is now attempting to build a number of refineries in Indonesia. Not only that, Japan also intends to build a gas station in Indonesia and Vietnam.
According to Legal Business Online site, Friday (09/22/2014), the plan due to lower fuel consumption in Japan. The business cooperation will be the first major investment outside Japan initiated by JX.
Largest oil refinery companies in Japan that assesses Indonesia and Vietnam as the two countries are the most promising investment locations due to its rapid economic growth projections.
"Openness to foreign investment is also the reason we targeting Indonesia and Vietnam," said President of JX, Tsutomu Sugimori.
Japanese oil demand has slumped as much as a fifth recorded from a total of ten years ago. In the next five years, Japan's oil demand is predicted to fall by eight percent.
Indonesia and Vietnam are two countries that recorded an increase in demand for oil by one to two percent annually. Both ASEAN countries are now also working to increase the capacity of its oil refineries to reduce the import of products are fairly expensive.
So far, one of the Japanese oil refinery company also recorded has helped Vietnam build a second refinery.
However, the JX is also not looking to do business in Indonesia as an easy plan. Because, Indonesia has never approved a number of agreements with foreign partners who submit project proposals oil refinery in the last twenty years.
"Indonesia has a lot of requirements such as the need to update refineries, increasing capacity and avoid aging penyulinganm oil processing facility., But we are seeking to find ways to go to Indonesia," said Sugimori.
He explained that they are studying whether the business conditions in Indonesia can build refineries and fuel sales network in the country. JX now is expanding so far in Asia but not for China and South jorea.
According to Wood Mackenzie, Indonesia may be the world's biggest importer of diesel in 2018 was the reason why the Indonesian petroleum industry should be more aggressively attract many investors to build new refineries in the country.

(source : liputan6.com)

Comment(s) Write comment

sildenafil for women reviews male enhancement walmart <a href="https://gener1cv1agra.com/">viagra alternatives</a> cialis generic availability schedule price comparison for viagra and cialis
<a href="https://cialiswithdapoxetine.com/#">buy cialis online</a> cialis alternative
    cialis with dapoxetine overnight to Web Site
  • 09:09
rouilette <a href="https://spaceonlinecasino.com/">online casino live dealer roulette</a> bingo virtual gratis descargar us accepted casinos [url=https://spaceonlinecasino.com/]play foxy bingo on ipad[/url] roulette online chat
zithromax stomach pain [url=http://zith-ro-max.com/#]zithromax pack [/url] zithromax and birth control side effects how long does azithromycin stay in your body
zithromax 250mg <a href="https://zith-ro-max.com/#">azithromycin 500mg buy </a> does zithromax treat ear infections how quickly does azithromycin work
albuterol saba <a href="https://ven-to-lin.com/#">buy combivent online </a> are ventolin and proair the same where can i buy albuterol
china best male enhancement pill levitra effectiveness over time best male enhancements that work fast <a href="https://gener1cv1agra.com/">homemade viagra</a> walgreens benefits support center negative effects of grapefruit when will generic cialis be available
p force sildenafil &amp; dapoxetine blue pill 100 diamond shape when to take viagra <a href="https://gener1cv1agra.com/">viagra alternatives</a> cvs pharmacy coupons new prescription sildenafil citrate for sale tadalafil 2.5 mg best price
<a href="https://cialiswithdapoxetine.com/#">cialis tablets</a> cialis 20mg
    can ubuy cialis on streets Web Site
  • 30/11 14:32
ventolin precio [url=https://ven-to-lin.com/#]albuterol 5931057922 [/url] still wheezing after albuterol treatment what is albuterol used for?
    cheap priligy online Web Site
  • 30/11 09:39
side effects of stopping flomax belviq not working who accepts goodrx coupons <a href="https://gener1cv1agra.com/">price for viagra</a> pictures of men viagra for heart failure pfizer vgr 100 pill identification
modafinil online amazon <a href="https://pro-vi-gil.com/#">get prescribed modafinil online </a> how much is provigil without insurance what does provigil boost
does cvs accept viagra coupons bayer aspirin professional samples <a href="https://gener1cv1agra.com/">viagra generic</a> low dose cialis generic little blue pills
female libido enhancers over the counter cialis for daily use prices <a href="https://gener1cv1agra.com/">natural viagra</a> sildenafil in pulmonary hypertension valium tapering side effects how long will viagra keep
stromectol tablets buy online [url=http://otcstromectol.com]my canadian pharmacy rx[/url]
1 2 3 4 5 6 7 8 Next

Trackback (You need to login.)

BUSINESS : JX Nippon Oil & Energy Corporation planned to invest in Indonesia oil refineries