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Oil firms fined over collusion in Indonesia
The national anti-monopoly regulator on Wednesday penalized four oil and gas companies, including state-run Pertamina, for breaching regulations. The Business Competition Supervisory Commission (KPPU) said in a statement that Japan’s Mitsubishi had colluded with consortium members Pertamina, Medco Energy International and Medco E&P to win a bid to develop the Donggi-Senoro gas block in Central Sulawesi.
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