BP Migas not yet informed about on Kisaran block sale
Tuesday, July 19 2005 - 03:03 AM WIB
Oil and gas industry regulator BP Migas said it is yet to receive a report regarding the sale of PT Caltex Pacific Indonesia's 50 percent stake in Kisaran oil and gas block to Pacific Oil & Gas.
Local media earlier reported that the process of acquisition by Pacific Oil & Gas has almost been completed.
Caltex president director W. Yudiana Ardiwinata was quoted as saying it was only waiting for an approval from BP Migas for the sale of his company's stake in Kisaran block
However, BP Migas chief Kardaya Warnika said his office has so far not yet receieved any request to approve the acquisition.
"I have not yet received the report. How can I approve it if there is no request from them (Caltex)," Kardaya said in Jakarta on Monday.(godang)