ID :
60077
Mon, 05/11/2009 - 19:37
Auther :
Shortlink :
https://www.oananews.org//node/60077
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PERTAMINA TO EXPORT AIRPLANE FUEL IN JUNE
Jakarta, May 11 (ANTARA) - State oil and gas company Pertamina plans to export 100,000 to 200,000 barrels of airplane fuel (avtur) in June as part of efforts to overcome overproduction.
Pertamina now produced 1.5 million to 1.6 million barrels of avtur per month, while domestic demand for the commodity was estimated at 1.3 million to 1.4 million barrels per month, acting chief of the company's integrated supply chain Rusnaedy said here on Monday.
He said the company was exploring the possibility of selling avtur to Singapore, Malaysia, Thailand and China at market prices.
The company was in the process of applying for permits from the Directorate General of Oil and gas at the Energy and Mineral Resources Ministry and the Trade Ministry to export the commodity, he said.
He said since March 2009 Pertamina had no longer imported avtur which reached an estimated 300,000 barrels per month.
The domestic avtur production exceeds consumption as large quantities of kerosene are converted into jet fuel following the launch of the government-sponsored kerosene-to-gas conversion program.
Pertamina now produced 1.5 million to 1.6 million barrels of avtur per month, while domestic demand for the commodity was estimated at 1.3 million to 1.4 million barrels per month, acting chief of the company's integrated supply chain Rusnaedy said here on Monday.
He said the company was exploring the possibility of selling avtur to Singapore, Malaysia, Thailand and China at market prices.
The company was in the process of applying for permits from the Directorate General of Oil and gas at the Energy and Mineral Resources Ministry and the Trade Ministry to export the commodity, he said.
He said since March 2009 Pertamina had no longer imported avtur which reached an estimated 300,000 barrels per month.
The domestic avtur production exceeds consumption as large quantities of kerosene are converted into jet fuel following the launch of the government-sponsored kerosene-to-gas conversion program.
