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pgn-to-disburse-1-2b-for-pertagas-acquisition

Newly established state-owned gas subholding company PT Perusahaan Gas Negara (PGN), which acquired 51 percent shares in Pertagas, a subsidiary of state energy giant Pertamina, on Friday must disburse US$1.2 billion, according to a public auditor assigned to valuating the shares. The integration of PGN and Pertagas has been dubbed as the final phase for Pertamina....