Indonesia ups Apr oil imports to 12.17 mln bbls
April 8, 2008 pada 2:50 am | Ditulis dalam Berita Energi, Energy Policy, Migas | Tinggalkan KomentarKaitkata: import, oil, Pertamina
SINGAPORE, March 18 (Reuters) – Indonesia’s state oil company PT Pertamina will import a higher-than-expected 12.17 million barrels of oil products in April, up 4.2 percent from purchases for March delivery, industry sources said on Tuesday.
Pertamina had said in late February fuel imports were expected to be 11.5-11.6 million barrels in April.
The volumes, stronger than March imports of 11.68 million barrels, will help buoy Asian distillate prices at a time of robust demand within the region and beyond.
“Domestic supply is not enough due to some minor refinery problems. That has been already ironed out but demand is looking good for transportation fuels,” said a Pertamina source, who declined to be identified.
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