|
||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ASEAN PROFILES
ASEAN KEY DESTINATIONS
|
Home >> Daily News >> Indonesia News >> Energy >> Indonesia’s state energy firm takes 46% stake in BP’s oil block
Indonesia’s state energy firm takes 46% stake in BP’s oil block
Indonesia’s state oil and gas company PT Pertamina has agreed to buy a 46 percent interest in the offshore North West Java oil and gas block from multinational energy giant BP, the Jakarta Post reported. Representatives of the two companies signed a sales and purchase agreement in Jakarta on Thursday afternoon. Pertamina's president director Karen Agustiawan told reporters after signing the agreement that the total value of the transaction was US$280 million, which would be financed from Pertamina’s internal sources. The block produces an average of 22,000 barrels of oil per day (bpd) and 220 billion British thermal units per day (BBTUD) of gas. Karen said Pertamina was aiming to produce more oil and gas from the block.
![]()
Comment on this Article. Send them to your.views@aseanaffairs.com
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
or
submit your comment in the box below
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Home | About Us | Contact Us | Special | Features | News | Magazine | Events | TV | Press Release | Advertise With us Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||