Will Balikpapan become the largest oil refinery in Indonesia?
Once the RDMP in Balikpapan is completed, it will become the largest oil refinery in Indonesia. This is because the capacity of the Balikpapan Refinery will surpass that of the Cilacap Refinery, which currently holds the largest capacity. Currently, the Cilacap Refinery processes 345 thousand barrels of oil per day (bpd).
Where is an oil refinery in Indonesia?
An oil refinery is seen from a ferry in Balikpapan in Indonesia’s East Kalimantan province. (File Photo: AFP/Yasuyoshi Chiba) New: You can now listen to articles. This audio is generated by an AI tool.
Will Pertamina rdmp be the largest oil refinery in Indonesia?
This project will provide significant added value to the Indonesian economy. Pertamina is proud to have such a large project," Nicke added. Once the RDMP in Balikpapan is completed, it will become the largest oil refinery in Indonesia.
What type of oil is used in Indonesian refineries?
The average of crude oil entering the Indonesian refineries from 2007 – 2018 was less than 1 million BPD. On primary fuel production, Ron-88 (subsidized fuel) still dominates refinery production in Indonesia. Low Sulphur Waxy Residue (LSWR) is a type of fuel widely produced on secondary fuel production.
How long can oil be stored in Indonesia?
The new storage facility will be able to store oil for up to 30 to 40 days, enabling state-owned energy firm Pertamina to purchase oil in bulk, reducing reliance on the volatile global market. An oil refinery is seen from a ferry in Balikpapan in Indonesia’s East Kalimantan province. (File Photo: AFP/Yasuyoshi Chiba)
Will Indonesia build an oil storage facility near Singapore?
New: You can now listen to articles. This audio is generated by an AI tool. JAKARTA: Indonesia plans to build an oil storage facility on an island near Singapore - aligning with President Prabowo Subianto’s goals for energy self-sufficiency – amid geopolitical uncertainty, according to a government minister.