Rokan output to reduce Indonesia’s oil imports by 25%

Indonesia

JAKARTA, August 2, 2018 – Pertamina expects that production from the Rokan block will reduce Indonesia’s oil imports by 100,000 bopd or 25%, international media reported on Thursday.

News that Pertamina will take over the block from Chevron in 2021, when the super-major’s contract expires, broke on Wednesday.

“Right now we import around 400,000 [bopd], and the reduction of 100,000 bopd is pretty significant,” Daniel Syahputra Purba, the NOC’s senior vice-president for strategic growth, told Reuters.

Read our latest insights on:

• Indonesia

Previous

Pemex defines E&P project focus

Next

BP’s Angelin platform reaches Trinidad