RI allocates oil exports

RI allocates oil exports

TOKYO (Reuter): State-owned Indonesian oil firm Pertamina has allocated for export about 345,000 barrels per day (bpd) of crude oil for October liftings, oil traders said yesterday.

October's allocation was considerably larger than the previous month, when the allocation was 242,000-243,000 bpd.

Traders said Pertamina's allocation of its main Minas crude oil was 69,600 bpd in October, compared with 70,000 bpd in September.

Other crude oil allocations for October included Widuri at 29,000 bpd, Cinta at 24,000 bpd, Belida at 13,000 bpd, Duri at 125,000 bpd and Bontang Mix at 40,000 bpd.

The rise in October export allocations was the result of a big increase in Duri allocations from September's 40,000 bpd.

Duri is being diverted from the domestic to the export market owing to a 30-day scheduled maintenance work during October on the 120,000 crude distillation unit at the EXOR-1 refinery.

The refinery also plans to carry out 40-days of maintenance work on a residue catalytic cracker during October and November.