Indonesia to hit output of 1 million b/d only in 2013

摘要

Jakarta-Indonesia's government estimates that the country will be able to raise crude and condensate production to 1 million b/d only in 2013, later than its earlier target of 2012, a senior official said November 30. "There are so many problems...we will likely not produce 1 million b/d next year or 2012," said Evita Legowo, oil and gas director general at the Energy and Mines Ministry, referring to issues such as the development of resources in protected forested areas such as the Warim block in the Papua province, and the unwillingness of investors to carry out enhanced oil recovery.