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January 19, 2008

Pertamina to seek more jet fuel

Indonesian state oil firm Pertamina will seek an additional 280,000 barrels of jet fuel for delivery this month due to problems at its Dumai refinery, a company official said on Friday.

Pertamina's 120,000 barrels per day (bpd) Dumai refinery on Sumatra island is running at 60 percent of its capacity after a brief shutdown due to technical problems on Thursday, Pertamina's processing director, Suroso Atmomartoyo, told reporters.

He said the problems had been resolved and the refinery was expected to operate at full capacity on Monday.

"The problem at the Dumai refinery has affected jet fuel supplies. Therefore, Pertamina is looking for additional jet fuel for January," another Pertamina official, who declined to be identified, told Reuters.

Originally, Pertamina had planned to buy 420,000 barrels of jet fuel in January, down from 700,000 barrels in December.

Dumai is the fourth largest refinery in Indonesia after Cilacap refinery with a capacity of 348,000 bpd, Balikpapan with 260,000 bpd and Balongan with 125,000 bpd.

Dumai refinery, located in Riau province, mostly produces diesel oil, kerosene and small gasoline.

Indonesia is Asia's top diesel and gasoline importer. It has nine oil refineries scattered across the archipelago with a combined capacity of 1 million bpd.

Despite Indonesia's status as the Asia-Pacific's only OPEC member, about 30 percent of the country's oil products for consumption are imported.

Courtesy Antara

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