Ministry evaluating PoD-1 for 5 projects

Tuesday, April 26 2016 - 12:55 PM WIB

By Bernard Loebs & Febry Silaban

The ministry of energy and mineral resources will and is evaluating Plan of Development-1 (PoD-1) for five oil and gas projects.

The ministry?s Upstream Director Djoko Siswanto said the five projects are the Indonesian Deepwater Development (IDD) project operated by PT Chevron Indonesia Company, Pasir block project operated Pasir Petroleum Resources Ltd, Ambalat block project operated by Eni Spa, Batangahari block project operated by CNOOC and Kasuri block project operated by Genting Oil.

?We just received the revised PoD-1 for IDD project and it is now under evaluation,? Djoko said. The project is located in East Kalimantan.

The PoD-1 for Pasir block in East Kalimantan province is also under evaluation by the ministry, while the PoD-1 for Batanghari block is set to be proposed to the ministry.

?PoD-1 for Ambalat block also in East Kalimantan is set to be proposed by operator Eni following the approval of the PoD-1 for Nunukan block. Eni wants to share the facilities to be built in Nunukan. That?s why Eni wants to submit PoD for Ambalat,? Djoko said.

He noted that the ministry has approved by the PoD-1 for Nunukan proposed by PT Pertamina Hulu Energi (PHE) and returned the PoD-1 for Masela block to the operator, Inpex, for a revision.

Editing by Johannes Simbolon

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