Rising output likely to boost Banyu Urip exports

摘要

Jakarta, Indonesia-Indonesia’s production from its Cepu block has surpassed 200,000 b/d and the rate is expected to continue rising, a trend that would allow state-run energy firm Pertamina to export Banyu Urip crude more regularly. Average crude output from the Cepu block has risen above 200,000 b/d recently and the uptrend is likely to continue, Gigih Prakoso, director of Pertamina’s investment planning and risk management told S&P Global Platts on the sidelines of the Indonesian Petroleum Association conference and exhibition held in Jakarta Wednesday.