| Macro Assumptions RUAPBN 2011, ICP EUR 80 and 970 Barrel Oil Lifting |
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| Friday, 03 September 2010 10:00 | |||||||
Page 1 of 2 JAKARTA. Working
Meeting (Meeting) between Commission VII of the Parliament and relevant
government budget execution function with the agenda of the Macro sub
Assumption Determination of Oil and Gas Sector, Crude Oil assign
Indonesia (ICP) for USD 80 and 970 Crude Oil Lifting Barrel per day. Meeting these conclusions will provide a reference on RUAPBN 2011. Thursday (2 / 9).Minister of Energy and Mineral Resources representing the states can accept the results because, according to His conclusions Raker, ICP assumption of USD 80 per barrel and lifting 970 thousand barrels per day represents a realistic calculation basis. Scale associated with lifting the target is 970 thousand barrels, Commission VII, asking to be increased to 975 thousand barrels per day regardless of the macro assumptions. Efforts to increase according to the Commission VII can be done by optimizing the field development and Exxon Cepu Cevron Pacific Indonesia. Responding to push the Minister of Energy says can receive wishes. "Push from the Commission VII of the House of Representatives that the Government seek to produce 975 thousand barrels to lifting that we can accept as an attempt to escape from the assumption that we optimize the macro because it is the government also uses optimistic range", said the Minister. Present at the 28th Meeting of Commission VII DPR members and as representatives of the Government, among others, Minister of Energy and Mineral Resources, Darwin Zahedy Saleh, head of BP Migas R. Priyono and Director General, Evita H. Legowo. www.tenderoffer.biz
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