Eric Watkins
Senior Correspondent
LOS ANGELES, Apr. 3 -- PetroChina Co. Ltd. has agreed to sell 30,000 tonnes of LPG extracted in Jambi, Sumatra, to Indonesia's state-owned PT Pertamina at a market price, according to PetroChina Director Budi Setiadi.
He said PetroChina has so far sold LPG from Jabung gas field on Singapore's spot market.
Jabung gas yields 25,000-35,000 tonnes/month of LPG, according to state media.
Last month, Pertamina said it would import 50% more LPG in April than in March to overcome a domestic shortage (OGJ Online, Mar. 29, 2007).
Contact Eric Watkins at [email protected].