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Today's Headlines Pertagas

  • Indonesia A Step Closer in Making Pertamina the Oil & Gas Holding Firm

    Indonesia A Step Closer in Making Pertamina the Oil & Gas Holding Firm

    The government of Indonesia is now one step further in turning fully state-owned energy company Pertamina into an oil & gas holding firm. Indonesian President Joko Widodo signed Government Regulation No. 6/2018 on the Formation of a State-Owned Oil & Gas Holding Firm thus formalizing the government's decision to move its 57 percent stake (Series B shares) in gas distributor Perusahaan Gas Negara to Pertamina.

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Latest Columns Pertagas

  • Explaining the Volatile Performance of Perusahaan Gas Negara's Shares

    Explaining the Volatile Performance of Perusahaan Gas Negara's Shares

    Shares of Perusahaan Gas Negara, Indonesia's largest natural gas transportation and distribution company, have been performing in a very volatile manner so far in 2018. While in late February 2018 the company's shares had surged 55.43 percent to IDR 2,720 per share since the year-start, some five months later the same shares plunged to IDR 1,525 a piece (down 12.86 percent since the start of the year). What is going on with Perusahaan Gas Negara that can explain this volatile stock performance?

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