Indonesia's Pertamina reports 86% jump in 2022 profit

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Indonesia's Pertamina reports 86% jump in 2022 profit
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JAKARTA : Indonesian state energy company PT Pertamina reported $3.8 billion in net income for 2022, an 86 per cent jump from its 2021 profit amid higher output, the company said in a statement on Tuesday. Last year, the company's oil and gas output stood at 967,000 barrels of oil equivalent per day, up 8

JAKARTA : Indonesian state energy company PT Pertamina reported $3.8 billion in net income for 2022, an 86 per cent jump from its 2021 profit amid higher output, the company said in a statement on Tuesday.

Last year, the company's oil and gas output stood at 967,000 barrels of oil equivalent per day, up 8 per cent from a year earlier, Pertamina said, while output from its refineries rose 6 per cent to 313.9 million barrels.

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