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Cepu Block to Boost Oil Production

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21 January 2017 15:22 WIB

Cepu Block, Bojonegoro. TEMPO/Mahanizar

TEMPO.CO, Jakarta - Cepu oil block in Central Java, which is run by Exxonmobil, will increase its oil production above 200,000 barrels per day or 20 percent from the target.

“As for the exact amount, we don’t know yet but clearly it’s above 200,000 barrels per day. The capacity of machine that we have is still able to meet the target,” said Exxonmobil Cepu Limited Vice President for Public and Government Affairs Erwin Maryoto in Cepu on Saturday (21/2).

According to Erwin, the current capacity is 185,000 barrels per day.

He added that Exxonmobil has conducted a test several times and it showed that the company can consistently produce 203,000 barrels per day.

In the meantime, Energy Minister Ignasius Jonan said if oil production at the block increases, it would bring a positive impact for the country. Nevertheless, there are requirements to be met, he said.

ANTARA




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