PGN acquires stake in Ketapang block
Wednesday, March 6 2013 - 05:24 AM WIB
By Godang Sitompul
State owned gas distributor PT Perusahaan Gas Negara (PGN), through subsidiary PT Saka Ketapang Perdana, has bought a 20 percent stake in Ketapang block, north Madura, East Java.
PGN VP Corporate Communication Ridha Ababil refused to provide details. ?For now, there are no details we can provide.? he said.
Ketapang PSC was wholly owned by Malaysian firm Petronas.
Editing by Johannes Simbolon