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    Pertamina's H1 Output Misses Target

Summary

The company produced 884,100 barrels of oil equivalent/day in the six months ending June 30.

by: Shardul Sharma

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Pertamina's H1 Output Misses Target

Indonesian state-run Pertamina produced 884,100 barrels of oil equivalent/day of oil and gas during the first half of the year, slightly below its targets, the company said on July 27 in a statement.

The company produced 414,400 barrels/day and 2,721mn ft3/d in Indonesia and overseas. This compares with targets of 430,000 b/d of oil and 2,857mn ft3/d of gas, Pertamina said.