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 jumps, equities fall as Iran blasts fan Middle East fears
Gold set for fifth weekly gain as geopolitical risks buoy demand
Oil holds near 3-week low as US sanctions interrupt easing tensions
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
BP reshapes its leadership team as some executives leave
BHP to decide on future of nickel business by August, trims met coal estimates