Pertamina to raise oil imports from Lybia
August 7th, 2008 | by mantrionline |State oil and gas company Pertamina plans to increase its crude oil imports from Lybia to 1 million barrels a month or 33,000 barrels a day, its processing director said.
Pertamina will soon sign a long-term contract with Lybia for the supply of crude oil of Sharir type, Rukmi Hadihartini said on Tuesday.
“The contract will be a follow-up to a G-to-G agreement,” she said.
Pertamina will also look into the possibility of importing crude oil of 10,000-50,000 barrels a day or 300,000-1,500,000 barrels a month from Algeria, she said.
The plan to import crude oil from Algeria is a follow-up to the Memorandum of Understanding (MoU) between the two countries signed on July 30 when Algierian Oil Minister Chakib Khelil who is also OPEC president visited Indonesia, she said.
Pertamina currently imports 300,000-350,000 barrels of crude per day to meet demands from domestic refineries.
