Jakarta — Indonesian state oil and gas company PT Pertamina is planning to seek additional crude oil in May 2020 for July-December delivery for its Cilacap refinery, a senior official said on Tuesday
* Pertamina “will explore the market” for more crude supply, following its purchase of 950,000 barrels of U.S. crude per month for February-June delivery, said Hasto Wibowo, senior vice president at Pertamina’s Integrated Supply Chain
* Pertamina’s U.S. crude oil imports will increase next year from only two deliveries this year of 650,000 barrels each, he said
* Pertamina typically imports a total of 6.5 million to 7 million barrels of crude oil per month, mostly from the Middle East
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- Reuters