Oil talk: Iran claims to can export 200,000 bpd to Indonesia
Baku, Azerbaijan, May 19
By Emil Ilgar - Trend:
Iran can export 200,000 barrels per day of oil to Indonesia, said Iran's Minister of Economic Affairs and Finance Ali Tayyebnia, IRNA reported May 19.
"There is a refinery in Indonesia which processes 120,000 barrels per day of crude oil, exactly similar to Iran's oil type, but we can supply more oil to this country," Tayyebnia said during an interview with Indonesian state agency ANTARA.
According to the latest report of OPEC, released on May 13, Indonesia produced 731,000 per day of oil in April. However, the country's petroleum consumption is about 1.7 mb/d, and refinery output met about 55 percent of the consumption of domestic oil products.
Iran's oil export decreased from 2.2 mb/d in 2011 to about 1 million after imposing the western sanctions, but the elimination of sanctions in January led to resuming the export levels
According to the International Energy Agency Iran exported 2 mb/d of crude oil in April.