---------------------------------------------------------- FREE for JOIN Indonesia Daily News Online via EMAIL: go to: http://www.indo-news.com/subscribe.html - FREE - FREE - FREE - FREE - FREE - FREE - Please Visit Our Sponsor http://www.indo-news.com/cgi-bin/ads1 ---------------------------------------------------------- Dow Jones July 24, 1999 Indonesia President Rules Out New State Oil Co - Agency LONDON -- Indonesia's president B.J. Habibie has stated if the oil and gas bill is passed into law, the government should not form a new state company to replace the state oil and gas company, PT Pertamina, according to Antara news agency, monitored Saturday. Quoting the head of state, Mines and Energy Minister Kuntoro Mangkusobroto said Saturday the government should not form a managing body to take over the governmental functions of Pertamina. Habibie summoned Kuntoro, finance minister Bambang Subianto, minister for the state enterprises Tanri Abeng, and Pertamina general director Martiono Hadianto to report on the latest development in the deliberation of the oil and gas bill at the House of Representatives (DPR), said the report. If the bill is passed into law, Pertamina will only be tasked to find oil, while the transportation of oil will be managed by the Communications Ministry, and the oil and gas refining process will be handled by the Industry and Trade Ministry, said the report. ++++++++++++++++++++++++++++++++++++++++++++++++++++ Didistribusikan tgl. 25 Jul 1999 jam 02:43:23 GMT+1 oleh: Indonesia Daily News Online <[EMAIL PROTECTED]> http://www.Indo-News.com/ ++++++++++++++++++++++++++++++++++++++++++++++++++++
