Govt yet to raise dividends for Pertamina and PGN

State Enterprises Minister Sofyan A. Djalil said he still has no intention to raise the dividends from state oil and gas company PT Pertamina and state gas distributor PT Perusahaan Gas Negara (PGN) which would enjoy a windfall profit from next year`s world oil price hike.
"There is no plan to raise the dividends from Pertamina and PGN, and we will have to wait for the developments," Sofyan A. Djalil said in Jakarta on Thursday.
He said a decision to raise the dividends from the two state companies would have to be decided by the Shareholders General Meeting.