Indonesia’s Q1 crude oil lifting at 563,000 bpd, energy minister says

JAKARTA: Indonesia’s crude oil lifting was at 563,000 barrels of oil per day (bpd) in the January-March quarter,...
05 Apr, 2024

JAKARTA: Indonesia’s crude oil lifting was at 563,000 barrels of oil per day (bpd) in the January-March quarter, while natural gas lifting was at 5,075 million standard cubic feet per day (mmscfd), Energy Minister Arifin Tasrif said on Friday.

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Both were below their respective targets in the 2024 state budget, Arifin said, which were set at 635,000 bpd of oil and 5,784 mmscfd.

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