Indonesia to offer 21 oil and gas blocks in 2016: energy ministry official
[JAKARTA] Indonesia will offer 21 oil and gas blocks, including 13 conventional ones, in 2016, an energy ministry official said on Tuesday.
"Next year we expect the number of oil and gas blocks on offer to increase, because of the presence of the national exploration team that is preparing for these new blocks," Oil and Gas Director General Wiratmaja Puja told parliament, noting that the government planned to offer 11 oil and gas blocks this year.
These blocks will be offered through regular tenders and joint study mechanisms, Mr Puja added.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil futures fall as fears of a wider Middle East war fade
Malaysia’s Sapura Energy to sell stake in SapuraOMV to TotalEnergies for US$705 million
Saudi Aramco in talks to buy 10% of China’s Hengli Petrochemical
EU aims to increase food exports to China despite trade tensions
Vietnam central bank delays gold auction due to lack of interest
Oil prices ease as Iran-Israel tensions ease