Indonesian state energy company PT Pertamina reported $3.8 billion in net income for 2022, an 86 percent 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 percent from a year earlier, Pertamina said, while output from its refineries rose 6 percent to 313.9 million barrels.
Sales volume of its fuel and non-fuel products rose 5 percent, the company added.
Sources: Reuters
