Government to start bidding process for 21 oil and gas blocks later this month
Tuesday, February 13 2001 - 05:30 AM WIB
The government is expected to start the bidding process for 21 oil and gas blocks later this month, a senior official of the ministry of energy and mineral resources said.
"It should be later this month," the ministry' s oil and gas exploration and production director Kardaya told Petromindo.Com
He said the blocks were located in West Natuna, Kalimantan, the Makassar Straits, Sulawesi, Arafura, and Irian Jaya.
State oil and gas company Pertamina was interested to take one block in the Makassar Straits but the talks between the government and the state company on the latter's plan was not yet completed , Kardaya said. (Godang)