NYK to Invest in Shipping Subsidiary of Indonesian National Oil and Gas Company Pertamina

NYK has reached a basic agreement to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of PT Pertamina (Persero), a state-owned oil and gas company based in Indonesia. The parties plan to conclude an investment agreement and complete the investment by the end of 2022. Pertamina is the largest state-owned oil and gas …

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