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Indonesia’s Pertamina produces 413,000 bpd crude oil in H1

Saturday, 20 July 2019 | 00:00

Indonesia’s state energy company PT Pertamina produced 413,000 barrels of crude oil per day (bpd) in January-June, the company said in a statement late Thursday.

Pertamina also produced 2,856 million standard cubic feet of natural gas per day (mmscfd), the statement said.

Pertamina official said late last year the company targeted crude oil output of 414,000 bpd and natural gas output of 2,944 mmscfd.

Meanwhile, Pertamina said the company in the first half spent $2.6 billion in upstream investment, about 60% of its investment target for the year, to boost production.
Source: Reuters (Reporting by Wilda Asmarini, Writing by Fransiska Nangoy, Editing by Sherry Jacob-Phillips)

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