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Pertamina Set to Ship Oil From Algeria
Indonesia’s state-owned energy company Pertamina announced on Wednesday that it is preparing an oil tanker to take on the first output from the company’s recently acquired assets in Algeria. Hanung Budya, Pertamina’s director for business and marketing, said MT Gunung Geulis would be sent to Algeria to take on a cargo of 600,000 barrels of crude oil produced from MLN, EMK and Ourhud fields in the African nation. Hanung said that it would take the ship up to 30 days to reach its destination before returning to deliver its cargo to Pertamina’s refinery in Balikpapan, East Kalimatan. “This delivery signifies our commitment to the country’s energy security,” said Hanung.
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