Indonesia Pertamina finalising takeover of Shell's Masela shares

Indonesia Pertamina finalising takeover of Shell's Masela shares

PHILE PHOTO: A view of state-owned oil giant Pertamina's refinery unit IV in Cilacap, Central Java, Indonesia January 13, 2016. REUTERS/Darren Whiteside/File Photo

Indonesia state energy firm Pertamina is finalising an acquisition of Shell’s shares in the country’s Masela gas project, its chief executive officer said on Tuesday.