Indonesian Political, Business & Finance News

RI imports kerosene

| Source: REUTERS

RI imports kerosene

SINGAPORE (Reuter): Indonesia's import allocation of dual purpose kerosene (DPK) in May was estimated at 1.2 million barrels, and its gas oil imports were also at 1.2 million barrels, industry sources said yesterday.

They said most of its DPK demand have been covered but it still has requirements for 400,000 barrels of gas oil.

In April, Indonesia imported about 900,000 barrels of DPK and 1.7 million barrels of gas oil.

Indoesia normally imports about 500,000 barrels of DPK and around 2.0 million barrels of gas oil a month.

The sources said the higher DPK imports in April and May were due to increased international flights during the haj season as Moslems make their annual pilgrimage to Mecca in Saudi Arabia. The pilgrims travel to Mecca during April and make their return trip during May.

The DPK was transported to the two main airports -- the Soekarno-Hatta Airport near Jakarta and the Surabaya airport, they added.

The lower gas oil imports during the two months were due to higher stocks at the 300,000-barrel-per-day (bpd) Cilacap refinery in central Java, and the 120,000-bpd Dumai refinery in Riau, they said.

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