PLN completed the acquisition of MCTN from Chevron.

Perusahaan Listrik Negara, an Indonesian government-owned corporation which has a monopoly on electricity distribution in Indonesia, completed the acquisition of Mandau Cipta Tenaga Nusantara, an electricity distributor, from Chevron, an integrated energy company with operations in countries located around the world. Financial terms were not disclosed. "We would like to thank Chevron Standard for the good cooperation and for the good electricity in the Rokan Work Area as long as it is managed by Chevron Pacific Indonesia," Zulkifli Zaini, PLN President Director.