Pertamina ready to take over expiring blocks
Tuesday, July 17 2012 - 09:36 AM WIB
State owned oil and gas firm PT Pertamina said it is ready to take over oil and gas blocks now operated by other companies once their contracts expire.
?Pertamina is capable of operating the blocks,? Salis Aprilian, President Director of PT Pertamina Hulu Energi (PHE), an upstream arm of Pertamina, said in a seminar held at the House of Representatives on Tuesday.
Meanwhile, Chandra Tirta Wiajaya, a legislator of the National Mandate Party (PAN) said during the seminar that there are 29 blocks whose contracts expire from 2013 through 2021.
The State holds the right to take control of the blocks rather than extend the contracts, he said.
Blocks whose contracts expire from 2013 through 2021
| Block | Operator | Expire Year |
| Siak | PT Chevron, Pacific Indonesia CPI | 2013 |
| Gebang | Pertamina-Costa | 2015 |
| Mahakam
ONWJ Attaka Lematang |
Total E & P Indonesie
PHE ONWJ Inpex Medco |
2017 |
| Tuban
Ogan Komering North Sumatra Offshore B Southeast Sumatra Tengah NSO Extention Sanga-sanga West Pasir and Ataka |
Pertamina-Petrochina
Pertamina-Talisman Exxon Mobil CNOOC Total Exxon Mobil Vico Indonesia CPI |
2018 |
| Bula
Seram Non Bula Pendopo and Raja Jambi Merang |
Kalrez Petroleum
Ctic Pertamina-Golden Spike Job Pertamina-HESS |
2019 |
| South Jambi B
Malaca Strait Brantas Salawati Kepala Burung Blok A Sengkang Makasar Strait Offshore Area A |
Conoco Philips
Kondur Petroleum Lapindo Pertamina-Petro China Petrochina Energy Equity Chevron Indonesia Company |
2020 |
Rokan Bentu Segat Muriah Selat Panjang |
CPI)
Kalila Petronas Petroselat |
2021 |
| Source: House of Representative | ||
Editing by Johanes Simbolon