Pertamina, Petronas plan to jointly take over Shell's Masela stake

Pertamina, Petronas plan to jointly take over Shell's Masela stake

FILE PHOTO: A man works on a signage bearing a Petronas logo in Kuala Lumpur December 13, 2013. REUTERS/Samsul Said

Indonesia’s state energy company Pertamina and Malaysia’s Petroliam Nasional (Petronas) plan to jointly take over Shell’s participating interest in the Masela gas project, Indonesia’s energy minister said on Monday.