PT Medco Ratch Power Riau, an indirect joint venture, in order to invest in Riau Combined-Cycle Power Plant Project in Republic of Indonesia. The registered capital of such indirect joint venture was
Australia’s National Electricity Market (NEM). The Project has also entered into EPC Contract, Electrical Connection Agreement, Operation and Maintenance Agreement and other related agreements. RATCH-Australia
total cost of sales and services respectively. The rising amount was mostly due to higher average market fuel price, and additional excise tax rate on fuel costs from 1.0 percent to 23.0 percent of fuel
higher average market fuel price. As of 30 June 2018, The Company still has an obligation from fuel price hedging until September 2018 amounting to 1,080,000 barrels of jet fuel whereby jet fuel prices are
portfolio with market leadership in the West. We take this opportunity to highlight a distinctive aspect of IVL’s business model. Almost half of IVL’s commodity portfolio has the benefit of shale gas
business under the chain principle by any person reaches or exceeds 25%, 50% or 75% of the total voting rights of the business pursuant to the notification of the Capital Market Supervision Board re: Rules
any person reaches or exceeds 25%, 50% or 75% of the total voting rights of the business pursuant to the notification of the Capital Market Supervision Board re: Rules, Conditions and Procedures on
reaches or exceeds 25%, 50% or 75% of the total voting rights of the business pursuant to the notification of the Capital Market Supervision Board re: Rules, Conditions and Procedures on Acquisition of
year. This is due to the lower sales than in the same quarter of the previous year, affected by the higher intensive competition in stainless steel pipes aluminum and copper in the market and resulting