PoD for Nunukan block approved

By Godang Sitompul

Minister of Energy and Mineral Resources Sudirman Said has approved the Plan of Development (PoD) 1 for the Nunukan block in North Kalimantan province.

This was said by Djoko Siswanto, Director for the Supervision of Oil and Gas Activities at the directorate general of oil and gas.

Under the PoD, the block will produce 60,000 mmscfd and 1800 bpd starting in 2019.

The block is operated by PT Pertamina Hulu Energi with a 66.67 percent interest. It partners with Indian firms Videocon Industries (20.83 percent) and Bharat PetroResources Ltd. (12.50 percent).

Editing by Johannes Simbolon