JAKARTA (TheInsiderStories) - Indonesia’s average natural gas output on July 30 stood at average 7,962 million standard cubic feed per day (mmscfd) compared with 7,985 mmscfd reported on June 30, Head of the Special Task Force for Upstream Oil and Gas (SKK Migas), Amien Sunaryadi says.
The Average oil production at the end of July was at 834,7000 bpd compared with 834,400 bpd in previous month. The government has set annual average oil production target of 820,000 bpd, while natural gas output target has been set at 6,440 mmscfd. Meanwhile, the regulator said that oil and gas industry received investment of $5.65 billion during the first of 2016. (*)