Wednesday, February 4, 2015

Pertamina awards crude supply contracts under new tender body



JAKARTA Feb 3 (Reuters) - Indonesia's Pertamina has awarded contracts to several firms to supply crude to Southeast Asia's largest economy, a company director said, in the state company's first tender since the procurement system was overhauled.

Pertamina's Integrated Supply Chain (ISC) division, which handles petroleum tenders, has awarded a contract to Vitol to supply Indonesia with 1.9 million barrels of crude for April, Pertamina Marketing Director Ahmad Bambang told reporters.

Pertamina has also awarded a contract to Azeri state energy firm SOCAR to supply 1.2 million barrels of crude for April, Bambang said.

Angolan energy firm Sonangol also won a contract to supply Indonesia with 950,000 barrels of crude per month from February to June, Bambang said. It's not clear if the crude will all be Angolan production.

Pertamina is still seeking imports of 9 million barrels per month (bbls/mth) of RON88 gasoline, 1.5 million bbls/mth RON92 gasoline and 5 million bbls/mth of diesel, Bambang said. (Reporting by Wilda Asmarini; Writing by Fergus Jensen; Editing by Tom Hogue)

source: reuters.com

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