Sign up | Log in



Home  >>   Daily News  >>   Indonesia   >> energy  >> Economy in brief: Bukit Tua to produce oil in March: Petronas
NEW UPDATES Asean Affairs   27 February  2015  

Economy in brief: Bukit Tua to produce oil in March: Petronas

Petronas Carigali Ketapang Ltd. says it will begin the first oil production from its Bukit Tua field at the Ketapang block on the north coast of East Java around March or April.

Petronas Carigali Ketapang general manager Hazli Sham B. Kassim said in Jakarta on Wednesday that the company was still carrying out the oil drilling process. “We expect the first oil around March or April,” he said as quoted by Antara news agency in Jakarta on Wednesday.

Hazli said in the first stage, Bukit Tua’s production was expected to reach between 3,000 and 4,000 barrels per day.

“It is expected that production will increase in stages until it peaks at 20,000 barrels per day in October,” he added.

The Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) says Bukit Tua will also produce 20 million standard cubic feet per day (mmscfd) of oil in the first stage and is expected to reach a peak at 60 mmscfd.

The construction of Ratu Nusantara, Bukit Tua’s floating production storage and off loading (FPSO) facility, has been completed at Keppel dockyard in Singapore in October 2014.

The FSPO, with 233 meters in length, 43 m in width and 20 m in height, has a capacity to process 25,000 barrels of oil, 77 mmscfd of gas and 20,000 barrels of water per day.

This facility is designed to store processed oil amounting to 630,000 barrels before it is channeled to the tanker vessels of buyers.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           February  27, , 2015 Subsribe Now !
• Gmail now available in Myanmar language Subcribe: Asean Affairs Global Magazine
• Economy in brief: Bukit Tua to produce oil in March: Petronas
•Investors reluctant because no govt support
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Kuok retains top spot on Forbes Malaysia rich list
• Construction of Mekong Delta bridges speeds up
Asean Analysis                    February 27, 2015
• Asean Analysis February 27, 2015
Four key capital cities across developing ASEAN countries report marginal growth in tire sales volume in 2014: GfK
Advertise Your Brand

Asean Stock Watch   February 26,  2015
• Asean Stock Watch-February 26 , 2015
The Biweekly Update
• The Biweekly Update February 20, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand