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2016-05-31 19:35:00

INDONESIA SEEKS TO IRAN

INDONESIA SEEKS TO IRAN

JAKARTA, May 30 -- Indonesia's oil and gas company PT Pertamina seeks the possibility to develop oil and gas fields in Iran and import liquefied natural gas (LPG) from the Middle East country, top official of the firm said here on Monday.

President Director of PT Pertamina Dwi Soetjipto said that the firm plans to cooperate with Iran on refining crude oil there.

He said that PT Pertamina has taken parts in several auctions on development of oil and gas fields in Iran.

"We are also ready to cooperate on crude oil refinery."

On LPG import plan, Soetjipto disclosed that the prices of the commodity are cheaper compared with those in other producer countries.

On May 26, PT Pertamina inked a deal on oil and gas cooperation with Russia's oil and gas firm Rosneft.

One of the deals was the cooperation on development of Grass Root Refinery in Tuban of East Java province in Indonesia.

Indonesia will start importing LNG in 2019 to meet rising energy demand, but the government will keep protecting the country' s upstream gas industry, Wiratmaja Puja, director general for oil and gas in energy and mineral resources ministry, has said.

apdnews.com

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Earlier: 

PERTAMINA NEED 51% 

ROSNEFT & PERTAMINA COOPERATION 

INDONESIA OIL UP 835,000 

IRANIAN OIL & SANCTIONS 

INDONESIA WOULDN'T TRY 

SAUDI INVESTMENT TO INDONESIA 

CONOCO SELLS INDONESIA 

INDONESIA NEED OIL 

INDONESIA’S SHORTFALL: $21 BLN 

INDONESIA: STOP GAS PROJECT $12 BLN 

INDONESIA BUY LNG 

PERTAMINA RAISES OIL 

INDONESIA RESTRICTS 

PERTAMINA TO IMPORT US LNG

 

 

 

Tags: INDONESIA, IRAN, PERTAMINA, OIL, GAS

Chronicle:

INDONESIA SEEKS TO IRAN
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SAUDI ARAMCO WANTS +50%

ARAB NEWS - Saudi's Aramco Trading Company (ATC) expects to increase its oil trading volume to 6 million barrels per day (bpd) in 2020, 50 percent higher than current levels, the company's top official said on Monday.

INDONESIA SEEKS TO IRAN
2018, September, 24, 15:00:00

U.S. RIGS DOWN 2 TO 1,053

BAKER HUGHES A GE - U.S. Rig Count is down 2 rigs from last week to 1,053, with oil rigs down 1 to 866, gas rigs unchanged at 186, and miscellaneous rigs down 1 to 1. Canada Rig Count is down 29 rigs from last week to 197, with oil rigs down 13 to 135 and gas rigs down 16 to 62.

INDONESIA SEEKS TO IRAN
2018, September, 21, 11:00:00

OIL PRICE: NEAR $79 STILL

REUTERS - International benchmark Brent crude for November delivery LCOc1 was up 26 cents, or 0.33 percent, at $78.96 a barrel by 0647 GMT. U.S. West Texas Intermediate crude for October delivery CLc1 was up 7 cents, or 0.10 percent, at $70.39 a barrel.

INDONESIA SEEKS TO IRAN
2018, September, 21, 10:55:00

RUSSIA'S OIL PRODUCTION: 11.3 MBD

BLOOMBERG - Russia's oil output is currently fluctuating between 1.54 million and 1.55 million tons a day -- driven mainly by state-run giant Rosneft PJSC -- the official said, asking not to be named as the information isn’t public yet. That equates to 11.29 million to 11.36 million barrels a day, beating the previous record of 11.25 million barrels a day set in October 2016 before Russia agreed with the Organization of Petroleum Exporting Countries to cut production.

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