Indonesia's Pertamina Crude Oil Output Up 8% in 1H 2015

Reuters

JAKARTA, Aug 5 (Reuters) - Indonesia's Pertamina recorded an 8 percent increase in crude production to 274,040 barrels per day (bpd) in the first half of 2015, the state owned energy company said on Wednesday, compared to 253,740 bpd in the first half of last year.

Pertamina's gas output increased 3.8 percent to 1.6 billion standard cubic feet per day (bscfd), from 1.54 bscfd a year ago, upstream director Syamsu Alam told reporters.

The increases were a result of increasing output from the company's overseas assets, Alam said.

Pertamina's domestic fuel sales declined by around 8 percent to 15.21 million kilolitres in the first half compared to the same period a year ago.

(Reporting by Wilda Asmarini; Writing by Fergus Jensen; Editing by Tom Hogue)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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Brent Crude Oil : $54.33/BBL 0.81%
Light Crude Oil : $51.5/BBL 1.29%
Natural Gas : $3.75/MMBtu 1.35%
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