Bloomberg News

Indonesia’s Pertamina Buys Cossack Crude for November Delivery

August 31, 2012

PT Pertamina, Indonesia’s state- owned oil company, bought 600,000 barrels of Australia’s Cossack crude for delivery in November to its Cilacap refinery, according to a company official who asked not to be identified because he isn’t authorized to speak to the media.

The company is still negotiating the purchase of a second low-sulfur crude cargo for November, the official said.

To contact the reporter on this story: Ramsey Al-Rikabi in Singapore at ralrikabi@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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