Pertamina sends out gasoil cargo to ease surplUS at home

摘要

As reported in the Sept.7 Digest,Indonesia's state-owned oil company has turned to exporting increased volumes of middle distillates due to weak domestic demand.On Sept.5,Pertamina loaded a 200K-bbl cargo of 50 ppm-sulfur gasoil meeting Euro IV standards onto a tanker.The 260K-b/d Baltkpapan refinery plans to export 600K bbl(6.5K b/d)of gasoil from Oct.to Dec.This development comes as China could increase gasoil exports to 450K b/d in Sept.