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Commodities Briefing - Categorized | Market Moves, Oil more

Indonesian government to boost oil production by 2014

Posted on 07 November 2012

The Indonesian government is aiming to boost the country’s oil production volume to one million barrels of oil per day (bopd) by 2014 through the implementation of enhanced oil recovery (EOR) technology, and the country’s targeted output is expected to be maintained until 2025.
This figure was publicly acknowledged by state-backed energy firm Pertamina in a private press conference (attended by Rigzone) held in Singapore Oct 29………………………………………..Full Article: Source


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