Indonesia's Pertamina plans $133b capital spending over six years

Indonesia's Pertamina plans $133b capital spending over six years

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 oil company PT Pertamina will allocate $133 billion on capital expenditure over the next six years, Strategic Director Iman Rachman told parliament on Monday.