Pertamina likely to seek 7.5 million barrels CPD in June

State oil and Gas Company Pertamina said on Tuesday it sought 7.5 million barrels of crude processing deal (CPD) in June 2003 when Balongan refinery in Central Java is shut down for 60 days.

?Most likely Pertamina will seek for CPD rather than crowding out already tight spot market,? said Pertamina downstream director Muchsin Bahar.

Muchsin said Pertamina had been in talks with several Singapore and Malysia refineries, but no final decision had been reached.(godang)