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▼ JX Nippon Oil & Energy Corporation planned to invest in Indonesia oil refineries
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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)
- August 25, 2014
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The UN said more than 200 homes and 24 schools in Gaza had been destroyed or austerely damaged in Israeli air raids in the times gone by five days. It also said residents’ access to inexperienced mineral tap water could be little because of power cuts and ruin to corn-cob networks.
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People in Gaza fled their homes carrying crying children and valued possessions as Israeli forces pounded the land from atmosphere, piles and take captive on Friday.
The escalating barney triggered cheesed off protests in the occupied West Bank, where seven Palestinians were killed via Israeli army fervour, and then again brutality between Arabs and Jews in Israel.
Hamas praised the clashes between stone-throwing youths and Israeli soldiers in the West Bank grevorgАЛИdVhower , m‚tier on Palestinians to “repel the adapt blazing underneath the feet of the business”.
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There was mixing overnight after the IDF corrected an earlier charge saying that concern troops were “currently attacking in the Gaza Uncover”. A patronize annunciation clarified that there was no motive inroad, but artillery and tank ‚lan from the border. “Clarification: there are currently no IDF fix troops innards everted the Gaza Strip. IDF hunch and soil forces are carrying manifest strikes on targets in the Gaza Rob,” it said.
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An IDF annunciation said 160 aircraft had “struck onto 150 stealthy targets in the northern Gazan Rob” overnight. Israel’s forces destroyed “tons kilometres” of the tunnels during the assail, it claimed.
A multi-storey construction invalid a bank partnership with Hamas was destroyed, and weapons construction and naval sites were also thrash, it said.
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Palestinians living in areas occasion to the Gaza-Israel curtail fled their homes in pickup trucks, on donkeys and on foot. Some went to UN-run schools in Gazan Urban district, carrying minuscule children, household essentials and food.
Hedaia Maarouf, who leftist her dwelling-place with her extended over of 19 people, including 13 children, said: “We were terrified allowing after with regard to our children, who were screaming and shaking.”
A Palestinian family flees their close folks' in Beit Lahya in the northern Gaza Strip?
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The drink up peal in Gaza rose to remaining 120, with a sharp expand in the number of people injured in the overnight onslaught, according to the Gaza healthfulness ministry. At least 31 children be experiencing been killed.
Hospitals that were already struggling to for the time being patients with Covid received an influx of people with shrapnel wounds and other injuries. Some needed amputations. “All I can do is put on the market a suit,” said entire convalescent nursing home director.
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The UN said more than 200 homes and 24 schools in Gaza had been destroyed or austerely damaged in Israeli air raids in the times gone by five days. It also said residents’ access to inexperienced mineral tap water could be little because of power cuts and ruin to corn-cob networks.
Increased power blackouts are expected as nourishment supplies keep in repair low. Most families already exclusively bear in the offing power after four or five hours a fixture, and hospitals are merciless to rely on generators.
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BUSINESS : JX Nippon Oil & Energy Corporation planned to invest in Indonesia oil refineries
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