Pertamina, Sietco sign deal<\/p>\n
JAKARTA (JP): State oil and gas company Pertamina signed on
\nMonday a crude refining deal with Shell International Eastern
\nTrading Company (Sietco) allowing the latter to refine the
\nformer's crude oil.<\/p>\n
Pertamina's spokesman Ramli Djaafar said in a statement that
\nunder the deal signed by Pertamina's president Baihaki Hakim and
\nSietco's president Glyn Hallday, Sietco would refine 50,000
\nbarrels per day (bpd) of Arabian Light Crude, which will be
\nimported by Pertamina.<\/p>\n
Ramli said the deal had been approved by the ministry of
\nenergy and mineral resources and would be evaluated from time to
\ntime.<\/p>\n
The contract is valid for three months from Oct. 1 to Dec. 31
\nthis year.<\/p>\n
\"The crude to be refined will produce 16 percent mogas 97
\noctane, 20 percent kerosene, 18 percent automotive diesel oil,
\n43.5 percent fuel oil and 2.5 percent of refinery balanced,\"
\nRamli said.<\/p>\n
Pertamina's refineries thus far supply 80 percent of the
\ncountry's fuel consumption, with the remaining 20 percent
\nfulfilled by fuel imports. (jsk)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/pertamina-sietco-sign-deal-1447893297",
"image": ""
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