Govt to tender 25 exploration blocks in 2003
Friday, December 20 2002 - 01:39 AM WIB
The government will in 2003 open new tenders for 10 oil and gas blocks and retender 15 blocks, Minister of Energy and Mineral Resources Purnomo Yusgiantoro said Friday.
The 10 blocks are located offshore Java, Purnomo told reporters in Bandung.
Meanwhile, the 15 blocks were among the 17 areas formally tendered by the government early last year. Two blocks have been awarded to investors.
The 17 blocks are located in Natuna Sea, Central and offshore East Kalimantan, South Sulawesi, Maluku, Arafura Sea offshore Papua, and Makassar Strait. (godang)