Indonesian company Pertamina’s oil production rose by 9% in 2021

23 Jun 2022

The Indonesian state-owned oil and natural gas company Pertamina released its results for 2021, posting a total revenue of US$57.5bn (+39% compared to 2020) and a profit of US$2.2bn The company extracted 445 mb/d of oil and 27 bcm of natural gas. In addition, Pertamina produced 256 mb/d of refined products (+3%). Finally, the company’s steam and electricity production from geothermal reached 4.6 TWh in 2021 (+1% compared to 2020).

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