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NEW UPDATES Asean Affairs  20 November 2014  





Pertamina may double output by end of 2014

State-owned oil and gas firm Pertamina expects its overseas assets to contribute between 90,000 and 120,000 barrels of oil equivalent per day (boepd) by the end of 2014, the company said on Tuesday, up from around 63,000 barrels per day of crude last year.

The expected increase comes as the firm moves aggressively to acquire oil and gas assets to meet the ballooning energy demands in Southeast Asia’s largest economy, Reuters reported.

“We expect an increase this year because we will complete the acquisition of the Murphy Oil block this month or in mid-December,” Pertamina upstream business development chief Danie Tampubolon told reporters, referring to Malaysian assets held by US-listed Murphy Oil Corp. that are expected to also produce gas.



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ASEAN  ANALYSIS

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

 


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