News wire — Indonesia state oil and gas company PT Pertamina is looking to possibly export its excess supply of jet fuel, finance director, Pahala Mansury, told reporters on Monday.
* “In term of volume it’s not too big,” he said. “We need to lower our inventory by exporting or processing them into other products.”
* Pertamina’s output of fuel products rose after completion of its Blue Sky project in Cilacap earlier this year, Mansury said.
* Pertamina said it in April it has stopped imports of jet fuel as inventory amid sluggish appetite from airlines.
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- Reuters
