Indonesia Plans to Offer 8 Oil, Gas Exploration Blocks in 2015
Indonesia intends to offer eight oil and gas exploration blocks this year as the government hopes to increase petroleum reserves and production, Acting Director General of Oil and Gas in the Ministry of Energy and Mineral Resources I Gusti Nyoman Wiratmadja said Tuesday in a written submission to Commission VII of the House of Representative.
Four blocks will be offered through direct negotiations, while the remaining four will be via a regular tender, the official revealed, as indicated in a news release by Indonesia's Ministry of Energy and Mineral Resources.
The four blocks to be offered through direct negotiations are:
- Rupat (Offshore Riau and North Sumatra)
- North Jabung (Onshore Riau and Jambi)
- Southwest Bengara (Onshore East Kalimantan)
- West Berau (Offshore West Papua)
Meanwhile, the other four blocks that the Indonesian government is offering through a regular tender include:
- West Asri (Offshore Lampung)
- Oti (Offshore East Kalimantan)
- North Adang (Offshore West Sulawesi)
- Kasuri II (Onshore Papua)
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