Indonesia?s June crude production down
Wednesday, July 12 2006 - 02:57 AM WIB
Indonesia produced 925,00 barrels per day of crude in and 382,000 BPD of condensate in June, bringing the month?s total liquid production to 1.035 million BPD, an official at the Ministry of Energy and mineral Resources said. The figure was this year?s lowest.
The official did not give the reason for production decline, but Indonesian oilfields are mostly maturing fields with declining production tendency.
The official said that in June, Indonesia imported 382,000 BPD of crude while export stood at 369,000 BPD, making Indonesia net crude importer for the month.(godang)