Companies from Indonesia and the United States are expected to sign a memorandum of understanding worth $34 billion, including state energy Pertamina [RIC:RIC:PERTM.UL], Exxon Mobil Corp NYSE:XOM and Chevron NYSE:CVX, a government official said on Monday.
The deal to be signed on Monday afternoon U.S. time will also include purchases of U.S. soybeans, corn, and cotton, said Pujo Setio, a senior official at Indonesia's ministry of economics.