October ICP down to $109.25 per barrel

The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at $109.25 per barrel in October, down $1.75 from $111.00 in September 2011, according to Directorate General of Oil and Gas website on Wednesday.

The price of benchmark crude Minas/SLC averaged $110.51 per barrel in October, decreased from $112.50 in September, the website said.

The decrease occurred in line with lower crude prices on the international market. (romel)

INDONESIAN CRUDE	ICP FORMULA	PRICE September 2011 (US$/Bbl)	PRICE October 2011 (US$/Bbl)	PRICE October 2010 (US$/Bbl)
A. BENCHMARK CRUDE
01. SLC	50 % RIM/SLC + 50 % PLATT'S/SLC	112.50	110.51	83.05
02. ARJUNA	50 % RIM/ARJUNA + 50 % PLATT'S/ARJUNA	112.14	110.81	82.33
03. ATTAKA	50 % RIM/ATTAKA + 50 % PLATT'S/ATTAKA	113.88	112.78	84.97
04. CINTA	50 % RIM/CINTA + 50 % PLATT'S/CINTA	111.06	109.47	80.23
05. DURI	50 % RIM/DURI + 50 % PLATT'S/DURI	107.28	107.30	79.02
06. WIDURI	50 % RIM/WIDURI + 50 % PLATT'S/WIDURI	111.10	109.51	80.23
07. BELIDA	50 % RIM/BELIDA + 50 % PLATT'S/BELIDA	113.84	112.83	84.51
08. SENIPAH CONDENSATE	50 % RIM/SENIPAH CONDENSATE + 50 % PLATT'S/SENIPAH CONDENSATE	108.76	106.28	82.37
B. OTHER CRUDE
09. ANOA	ATTAKA + US$ 0.40/Bbl	114.28	113.18	85.37
10. ARUN CONDESATE	SENIPAH CONDENSATE	108.76	106.28	82.37
11. BADAK	ATTAKA	113.88	112.78	84.97
12. BEKAPAI	ATTAKA	113.88	112.78	84.97
13. BELANAK	ARJUNA - US$ 4.96/Bbl	107.18	105.85	77.37
14. BENTAYAN	SLC - US$ 1.96/Bbl	110.54	108.55	81.09
15. BONTANG RETURN CONDENSATE (BRC)	MOPS NAPHTHA - US$ 2.00/Bbl	101.49	94.19	80.97
16. BULA	DURI - US$ 0.50/Bbl	106.78	106.80	78.52
17. BUNYU	SLC	112.50	110.51	83.05
18. CAMAR	ARJUNA + US$ 0.38/Bbl	112.52	111.19	82.71
19. CEPU	ARJUNA - US$ 4.64/Bbl	107.50	106.17	77.69
20. GERAGAI	SLC + US$ 0.19/Bbl	112.69	110.70	83.24
21. GERAGAI CONDESATE	BRC - US$ 0.26/Bbl	101.23	93.93	80.71
22. HANDIL MIX	ARJUNA + US$ 0.15/Bbl	112.29	110.96	82.48
23. JAMBI	SLC + US$ 0.19/Bbl	112.69	110.70	83.24
24. JATIBARANG	SLC	112.50	110.51	83.05
25. KAJI	SLC + US$ 0.40/Bbl	112.90	110.91	83.45
26. KERAPU	BELIDA - US$ 0.34/Bbl	113.50	112.49	84.17
27. KLAMONO	DURI - US$ 0.50/Bbl	106.78	106.80	78.52
28. KOMP. PLB. SLT./TAP/JENE/SERDANG	SLC	112.50	110.51	83.05
29. LALANG	SLC + US$ 0.05/Bbl	112.55	110.56	83.10
30. LANGSA	ATTAKA - US$ 0.40/Bbl	113.48	112.38	84.57
31. LIRIK	SLC - US$ 0.11/Bbl	112.39	110.40	82.94
32. MADURA	ARJUNA + US$ 0.13/Bbl	112.27	110.94	82.46
33. MENGOEPEH	SLC + US$ 0.19/Bbl	112.69	110.70	83.24
34. MESLU	ATTAKA - US$ 3.17/Bbl	110.71	109.61	81.80
35. MUDIMIX	ARJUNA - US$ 0.30/Bbl	111.84	110.51	82.03
36. NSC/KATAPA/ARBEI	ATTAKA - US$ 0.11/Bbl	113.77	112.67	84.86
37. PAGERUNGAN CONDENSATE	SENIPAH CONDESATE - US$ 0.75/Bbl	108.01	105.53	81.62
38. PAM.JUATA/SANGA2 MIX	SLC + US$ 0.10/Bbl	112.60	110.61	83.15
39. PANGKAH	ARJUNA - US$ 1.30/Bbl	110.84	109.51	81.03
40. RAMBA/TEMPINO	SLC + US$ 0.19/Bbl	112.69	110.70	83.24
41. RIMAU/TABUHAN	SLC - US$ 0.10/Bbl	112.40	110.41	82.95
42. SANGATTA	SLC	112.50	110.51	83.05
43. SELAT PANJANG	SLC	112.50	110.51	83.05
44. SEPINGGAN YAKIN MIX	ARJUNA	112.14	110.81	82.33
45. SOUTH JAMBI CONDENSATE	SENIPAH CONDENSATE - US$ 1.94/Bbl	106.82	104.34	80.43
46. TANJUNG	SLC + US$ 0.19/Bbl	112.69	110.70	83.24
47. TIAKA	DURI - US$ 3.00/Bbl	104.28	104.30	76.02
48. UDANG	SLC + US$ 0.08 Bbl	112.58	110.59	83.13
49. WALIO MIX	ARJUNA - US$ 2.05/Bbl	110.09	108.76	82.85
50. WEST SENO	ATTAKA - US$ 0.65/Bbl	113.23	112.13	84.32
Source: Directorate General of Oil and Gas at the Ministry of Energy and Mineral Resources