Indonesia’s Pertamina targets 407,000 bpd oil output in 2019

JAKARTA, Aug 28 (Reuters) –

* Indonesia’s state energy company PT Pertamina is targeting oil production of 407,000 barrel per day (bpd) in 2019, up slightly from 2018’s goal of 400,000 bpd, Meidawati, a Pertamina senior vice president, told reporters on Tuesday.

* In January to July this year, Pertamina’s oil output stood at 380,000 bpd, compared to 343,000 bpd in the same period last year, she said.

* Output up to July includes 103,000 bpd of production from overseas sites such as Pertamina’s Iraq field. The company has targeted 108,000 bpd of oil production from its overseas operations in 2018 and 112,00 bpd in 2019, Meidawati said.

* Pertamina’s gas output in January-July was 3,056 million standard cubic feet per day (mmscfd), up from 2,032 mmscfd in same period last year. (Reporting by Wilda Asmarini)