Update 1: Govt announces tender of 21 blocks

Monday, May 14 2007 - 04:28 AM WIB

The government announced on Monday?the tender of 21 oil and gas blocks.

?

R. Priyono, upstream director at the Ministry of Energy and Mineral Resources,? said?state owned oil and gas company PT Pertamina was still not allowed to?acquire a stake in the blocks offered in the auction as part of its farm-in privelege.

?

"It (the farm-in privilege) is still under the discussion," he said.

?

He said interested investors could get the tender documents on July 16, 2007.

?

"The government through the directorate of oil and gas will announce details on terms and conditions of the contracts for the blocks," Priyono said.

?

The government earlier announced that it would give Pertamina a privilege to buy up 15 percent stake in all blocks offered in the tender or still under exploration. Priyono also said the govenrment had delayed?the tender of coal bed methane indefinetly. (Alex/Godang)

?

List of blocks offered in the tender

?

No Block ?Location
1 North X Ray Off. West Java
2 North East Lombok I Off. the northern coast of Nusa Tenggara??
3 North East Lombok II Off. the northern coast of Nusa Tenggara??
4 Semai I Off. West Semai, West Papua
5 Semai II Off. West Semai, West Papua
6 Semai III Off. West Semai, West Papua
7 Semai IV Off. West Semai, West Papua
8 Semai V Off. West Semai, West Papua
9 South East Tual? Off. West Arafura
10 Cakalang? Off. Natuna
11 Baronang Off. Natuna
12 Cucut Off. Natuna
13 Dolphin? Off. Natuna
14 Kerapu? Off. Natuna
15 Bawean II? Off. East Java
16 East Bawean I Off. Northern East Java
17 Gunting? On/Off. East Java
18 Situbondo? On/Off. East Java
19 Buton II Off. Southern Buton
20 Rangkas On. Banten
21 West Timor? On/Off. Timor

Share this story

Tags:

Related News & Products