Indonesia Mulling to Boost Crude Import from Iran

TEHRAN (FNA)- Indonesia’s state-owned energy company Pertamina announced that it is planning to increase its crude oil exports from Iran.

“Pertamina intends to increase its oil imports by 15.96 percent in 2017 and for the same reason the company is studying Iran as an option,” Indonesia’s media quoted an unnamed senior manager of Pertamina as saying on Saturday.

He underlined that the Indonesia is planning to increase its annual oil import to 155.399 million barrels in 2017.

In relevant remarks in March, Iranian Foreign Minister Mohammad Javad Zarif and Indonesian Minister for Coordinating Economic Affairs Darmin Nasution in a meeting in Tehran underlined the need for broadening of bilateral relations in all areas, specially in oil and gas fields.

Zarif and Nasution explored avenues for boosting mutual cooperation in energy fields.

During the meeting, the Indonesian minister presented a report on the latest cooperation between Tehran and Jakarta in the energy and mining field.

Also in March, Nasution declared his country’s interest in purchase of crude oil from Iran through long-term supply agreements.

“Indonesia has purchased one million barrels of oil from Iran for a related compatibility check with its refineries and once the check is successful, Jakarta would proceed with sealing a long-term supply deal with Tehran in the near future,” Nasution said.

Nasution, who was heading a major trade delegation to Tehran, said that Indonesia was also interested in purchasing liquefied petroleum gas (LPG) from Iran.





Source: Fars News Agency