Indonesia plans $8 billion refineries contract with US firm amid tariffs deal, sources say
“Indonesia prepares to sign an $8-billion contract with U.S. engineering company KBR Inc to help it build 17 modular refineries, as part of the U.S.-Indonesia trade deal, Reuters reported on Tuesday, citing sources with knowledge of the plans and a government presentation it has seen.”
“Indonesia, Southeast Asia’s biggest economy, has signaled it would offer to buy an additional $10 billion worth of American oil and liquefied petroleum gas (LPG).”
“As part of the trade deal with the U.S., Indonesia will also buy 50 Boeing aircraft and ease its local content requirements for U.S. investors including Apple and General Electric.”