Pertamina to boost oil production by 5.3 % in 2011
Nani Afrida, The Jakarta Post, Jakarta | Business | Sun, November 14 2010, 9:50 AM
State
oil and gas PT Pertamina revealed Sunday its plan to boost its oil production
next year to 200,000 barrels per day (bpd), a 5.26 percent increase from 190,000
bpd in 2010.
“We
will also raise our gas production from 1,450 million standard cubic feet per
day (mmscfd) to be 1,600 mmscfd,” Mochamad Harun, the spokesperson of
Pertamina, told The Jakarta Post.
According
Harun, the company will meet the target by maximizing oil and gas production
from the existing blocks as well as the new blocks.
Currently,
Pertamina operates 22 domestic oil and gas upstream assets and eight overseas
oil and gas upstream assets.
