Indonesian company interested in importing oil from Iran
Tehran, Iran, October 4
By Mehdi Sepahvand - Trend:
The state-owned Indonesian oil company Pertamina is seeking to import oil from Iran.
The company plans to increase its oil and gas output three fold by 2025 by tapping fields in Iran, Malaysia, Iraq, and Algeria, Pertamina spokeswoman Wianda Pusponegoro said, IRNA news agency reported October 4.
Pertamina is currently carrying out primary studies on two big oil fields in Iran, namely Ab Teymour and Mansuri, with a combined reservoir of 5 million barrels.
The studies will take six months, after which the company will offer its development plans to Iran.
Pertamina and the National Iranian Oil Company in July signed an agreement on the two fields’ development, accompanied by a confidentiality pact.