Pertamina president director Nicke Widyawati has said that the state-owned energy giant will prioritize six oil refinery projects next year.
"Next year will be very exciting for us. A number of delayed projects will be restarted," the Pertamina CEO told reporters on Wednesday.
Pertamina will develop CPO-based biofuel refineries in Plaju and Dumai. The state-owned company will cooperate with ENI for the two projects.
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"We will not build new facilities. We will convert existing facilities," she said.
According to the Central Statistics Agency (BPS), Indonesian exports stood at $150.88 billion in January-October 2018. It increased by 8.84 percent compared to the same period last year.
In addition, the country's oil and gas exports stood at $14.23 billion in January-October 2018. It increased by around 10 percent compared to the same period last year.