Ministry plays down BPMIGAS concern of oil output fall

Director General for Oil and Gas Evita Legowo has dismisses a new assumption of national oil output unveiled by the upstream oil and gas regulator BPMIGAS, which anticipates a decline to 917,000 barrels of oil per day.

Evita said the Energy and Mineral Resources Ministry and BPMIGAS shared the same data on national oil production, which was based on the capacity of production sharing contractors. ?All have agreed that the production can meet the target of 965,000 bpd,? Evita said.

Even if the government misses the target, it would still be around 955,000 bpd, the average production level so far from January to April, she added. (godang)