January 4, 2019 / 12:41 AM / 6 months ago

Indonesia Pertamina to buy domestic crude oil from foreign contractors from Jan-source

JAKARTA, Jan 4 (Reuters) - Indonesian state energy company PT Pertamina has signed deal to purchase crude oil produced from domestic fields by Chevron Corp, PetroChina and others, a company source familiar with the matter said.

Purchases will start this month, the source said, without disclosing the volume agreed.

Foreign oil contractors in Indonesia were ordered last August to sell their uncontracted production to Pertamina as part of government effort to reduce energy imports and help the ailing rupiah. (Reporting by Wilda Asmarini; writing by Fransiska Nangoy; editing by Richard Pullin)

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