Rosneft to take part in project of refinery in Indonesia with investments of $13 billion

Rosneft plans to participate in the construction of an oil refinery in Indonesia with investments in the amount of $13 billion, said the Russian President Vladimir Putin.

"There is groundwork for the expansion of the energy cooperation, our companies - Zarubezhneft, Rosneft - have specific, long-term, large-scale (projects), including construction of a modern oil refinery, possible investments are about $13 billion," - said Putin said after talks with the Indonesian President Joko Widodo.

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