Medco's net profit projected at Rp 472 billion in 2000

Analysts have projected national oil and gas company PT Medco Energy Corporation's net profit at Rp 472 billion in 2000, versus the estimated net profit of Rp 347 billion in 1999, Neraca daily reported.

The projection was based on the oil price estimate of around US$18 per barrel this year, the paper said.