The proposed sale of two VLCC newbuildings by Indonesian state-owned company Pertamina to John Fredriksen’s Frontline for $184m could be blocked by the country’s parliament.
Some members of a commission in the Indonesian House of Representatives which oversees energy issues have said they will vote against it, according to the Jakarta Post. The sale of state assets has to be approved by the House, although it is unclear whether the energy commission has the actual power to veto the tanker deal.
