(EnergyAsia, January 22 2010) — Indonesia is likely to miss its crude oil and condensate production target this year due to underinvestment and ageing fields, said the country’s energy watchdog, BP Migas. The government had targeted to produce 960,000 b/d in 2009 and 965,000 b/d this year, but the country is struggling to even reach…
INDONESIA: Crude oil output targets likely to be missed for 2009 and 2010
Posted on January 21, 2010 by EnergyAsia