Bloomberg News

Indonesia’s Crude Output Rises 11% as Weather Improves

October 28, 2011

(Updates with comments from BPMigas in second paragraph.)

Oct. 28 (Bloomberg) -- Indonesia’s September crude oil and condensate output rose 11 percent to 972,940 barrels a day from 878,800 barrels a day in August, according to data from the country’s oil and gas regulator BPMigas.

“Crude oil and condensate production were higher because the weather has been improving for loading oil into tankers,” BPMigas said today in the statement. “A number of oilfields which have been experiencing production problem have also been recovering,” the regulator said.

Indonesia’s oil output this year may be 933,000 to 945,000 barrels a day, R.Priyono, head of BPMigas, said in May.

--Editor: Mike Anderson.

To contact the reporter on this story: Fitri Wulandari in Jakarta at fwulandari@bloomberg.net

To contact the editor responsible for this story: Greg Ahlstrand at gahlstrand@bloomberg.net


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus