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NEWS UPDATES Asean Affairs   1 November 2013  

Mubadala Petroleum starts production at the Ruby gas field

Indonesia:Mubadala Petroleum has announced that production has commenced and stable flow has been established through the export pipeline at Ruby gas field, which is located within the Sebuku Production Sharing Contract (PSC) in the Makassar Strait between the islands of Kalimantan and Sulawesi.

The gas development project has been delivered safely, within budget and as planned in October 2013. Together with Total E&P Sebuku and Inpex South Makassar Ltd., Mubadala has invested approximately US$500 million to build the project’s facilities.

Gas from Ruby is supplied to the buyer, PT Pupuk Kalimantan Timur, for use in a fertilizer plant operating in support of Indonesia’s National Food Security Program.

“This is a great milestone for Mubadala Petroleum. The project represents the single largest energy investment in Indonesia by a U.A.E. company. As the first project in Mubadala Petroleum’s global portfolio that, as operator, we have taken through the full upstream cycle, from exploration and appraisal, through development and now into production, it is a significant demonstration of the company’s capabilities,” H.E. Suhail Al Mazrouei, Chairman of Mubadala Petroleum, said in an official release.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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