PEP unit postpones drilling plans, allocates funds for political parties
Thursday, September 19 2013 - 07:17 AM WIB
By Benard Loebs
PT Pertamina EP (PEP), an upstream arm of state owned oil and gas firm PT Pertamina (Persero) has informed all its service contractors that it has decided to put on hold the drilling plans of 14 exploration wells in Java for the period of 2013/2014, according to an industrial source.
The source said on Thursday he had been informed that the budget for the drilling would be allocated to support political parties in their general election campaigns in 2014.
PEP?s President Director Syamsu Alam could not be reached for comments via phone.
Editing by Johannes Simbolon