Pertamina, Timor Petroleo to Work Together in East Timor

Pertamina and Timor Petroleo E Gas, the National Oil Company in the Democratic Republic of Timor-Leste, have inked a deal to together develop oil and gas sector in Timor-Leste. The MoU between the two parties was signed on Friday.

The two companies plan to work together in the entire spectrum of the oil and gas sector.

After the signing of the MoU, both parties will conduct joint study. Pertamina and the Timor GAP will soon establish a cooperation agency business that will be a model of overseas business of Pertamina.