Indonesia shipped out 645,047 mt of crude oil in September, down 35.3% from August while its condensate exports jumped 30.6% to 216,340 mt, the largest monthly volume this year, detailed figures from Statistics Indonesia showed.
S&P Global Platts historical data showed the FOB Indonesia Senipah condensate price touched a low at $70.36/barrel on July 18, then $70.59/b on August 16, before racing to a peak at $86.43/b on October 4.
Between July-September, crude oil shipments saw little change from the second quarter, at 2.317 million mt. Over the same period condensate shipments fell 5.7% to 334,609 mt.
Indonesia imported 1.172 million mt of crude oil in September, down 35.2% from August and was marginally higher than January's imports at 954,828 mt.
From July-September, crude oil imports dipped 1.8% quarter-on-quarter to 3.86 million mt.
