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We are an Indonesian "Pure-Play". Our sole business focus is within the Republic of Indonesia, where "Bahasa Indonesia" is the national language. The names of our subsidiaries reflect this fact. The word "Hilir" is the Bahasa word for "Downstream", and indicates our position relative to the "Hulu" or "upstream" producers of the crude oil feedstocks we refine. "PT" is the Bahasa abbreviation for a limited liability company, equivalent to "Ltd."
Our core competency is the oil and gas business and are activities include both upstream and downstream activities. We operate through two special purpose, limited liability, corporate subsidiaries, each incorporated in Indonesia under foreign direct investment laws.
PT-CHI is our subsidiary established in the Republic of Indonesia under a foreign direct investment license from BKPM, the Indonesian agency responsible for coordinating international investments. From its Jakarta office, PT-CHI's mission is to seek out and initiate new business opportunities in the downstream oil and gas sector by providing management consulting services to local Indonesian crude oil producers, regional investors, local lenders, and energy infrastructure development enterprises of regency or provincial level governments. Any one of whom may be a strategic partner or stakeholder in our small scale refineries.