Indonesia's Pertamina seeks to purchase crude oil and condensate for delivery in the first quarter of 2027

(1) A tender document shows that Indonesia’s state oil company Pertamina, through its commercial and trading arm Pertamina Patra Niaga, is seeking to purchase crude oil and condensate for delivery between January and March 2027. (2) The document indicates the company is looking for crude oil cargoes to be delivered to its Cilacap and Balikpapan refineries, as well as the Balongan and TPPI Tuban petrochemical complexes. (3) According to a crude oil trading participant who received the document, bids must be submitted before November 2, with validity until November 6.