Govt to put more CBM blocks on tender
Saturday, March 20 2010 - 12:26 AM WIB
Government will offer four new CBM blocks in June or July this year through regular tender.
Director General of Oil and Gas Evita Legowo said as quoted by the Ministry of Energy and Mineral Resources? website that the two of the blocks are located in Sumatra and the rest in Kalimantan.
That would be the first time CBM blocks offered through regular tender, she said, adding that contractors would be given choice to operate under Production Sharing Contract or Gross Production Sharing Contract Scheme. (alex)