Indonesia to import 600,000 oil barrels from Sudan


A taste of what Malaysia will undergo soon.

February 5, 2010 (JAKARTA) – Indonesian state-owned oil company PT Pertamina said it had obtained a permit from the trade minister to import 600,000 barrels of “Nile Blend” crude from Sudan.

Oil production in Indonesia has decreased steadily during the last decade, owing to disappointing exploration efforts and declining production at Indonesia’s large, mature oil fields.

In 2008, Sudan exported the majority of its oil to China (214,000 bbl/d) followed by Japan (102,000 bbl/d) and Indonesia (43,000 bbl/d). Additional importers of Sudanese crude include India, South Korea, Taiwan, Thailand and Malaysia

This entry was posted on Saturday, February 13th, 2010 at 6:00 am and is filed under business opportunity, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to Indonesia to import 600,000 oil barrels from Sudan

  1. JabbatheHutt says:
    February 14, 2010 at 10:14 pm

    but they still produce above 900000bpd. its not too bad.

    Reply

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