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Rabu, 27 April 2011

Indonesia Targets Oil Production Away from Hope

Finance Minister Agustin Mastowardojo says production (lifting) of oil this year probably can only reach 950 barrels per day, slip away from targets that have been installed in Budget 2011 at 970 barrels per day.

This condition makes the Ministry of Finance must be vigilant, especially until the first quarter of this year, oil production reached only 895 barrels per day. Of course, the Ministry of Energy and Mineral Resources and BP Migas will seek a maximum for 970 barrels per day target could be achieved.