Pertamina to continue operations in East Timor

JAKARTA, June 3 (AFX-ASIA) - Pertamina will maintain its assets and operations in East Timor to meet the country's energy needs, the Antara news agency reported, citing Pertamina president director Baihaki Hakim.

"Pertamina will continue to operate in East Timor and its storage facilities in Dili will function as usual," Hakim said, adding that Pertamina's assets in East Timor were valued at 3.2 mln usd.

Pertamina distributes 60,000 kilolitres of oil in East Timor per month.

"Pertamina's presence in East Timor is profitable and therefore, the government does not want us to pull out from there," he said.

Hakim said most Pertamina employees in East Timor were Indonesian citizens and only 20 were East Timorese. He did not give a number for the total number of Pertamina employees in East Timor.

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