Pertamina to complete Cilacap oil refinery upgrade in 2021 - CEO

Indonesian state energy firm Pertamina aims to finish upgrading an oil refinery in Central Java in 2021, one year earlier than its previous target, its chief executive said on Thursday. Pertamina has a joint venture with Saudi Aramco to upgrade the Cilacap oil refinery, on the south coast of Central Java, at a cost of around $5 billion.