Economic Calendar

Thursday, October 30, 2008

Indonesia Crude Output Falls 1.24% as Rain Hampers Production

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By Bambang Dwi Djanuarto

Oct. 30 (Bloomberg) -- Crude oil output in Indonesia, Southeast Asia's biggest oil producer, fell 1.24 percent in October from a month earlier as rain hampered production, the oil and gas regulator said.

Production this month dropped to 851,435 barrels a day from 862,200 barrels a day in September, BPMigas said today. Output of condensate, a type of light oil pumped in association with natural gas, declined 0.7 percent to 121,141 barrels a day in October from last month, it said.

To contact the reporter on this story: Bambang Dwi Djanuarto in Jakarta at bbjakarta@bloomberg.net.




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