Petronas says proposed joint venture with ENI to take 1-2 years to set up
KUALA LUMPUR, June 17 (Reuters) - Petronas' proposed joint venture with Italian energy group Eni (ENI.MI), opens new tab on several upstream assets in Indonesia and Malaysia is expected to take one to two years to set up, said a Petronas executive on Tuesday at the Energy Asia conference.
"The whole idea of having this as a combination is to have an independent entity created in order to be self-financed," said Mohd Jukris Abdul Wahab, executive vice president and chief executive of upstream for Petronas.
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