Vice president supports sales of Tiung Biru?s gas to Pertamina
Tuesday, May 24 2016 - 01:49 PM WIB
Vice President Jusuf Kalla supports for the planned sale of gas from Tiung Biru Jambaran field in Bojonegoro regency, East Java to state owned oil and gas firm PT Pertamina.
Kalla voiced the support during an encounter with Andriyansyah, President Director of PT Pertamina EP Cepu (PEPC). Both happened to meet each other during a gathering in Bojonegoro, according to source.
PEPC signed an agreement to sell the gas from the field to Pertamina last December. Pertamina will then resell it to buyers such as state owned electricity firm PT Perusahaan Listrik Negara (PLN).
The Tiung Biru Jambaran field initially consisted of two fields: Tiung Biru and Jambaran. The government later decided to unitize the fields given that they are close to each other. The Tiung Biru field is located within Pertamina EP?s Cepu operations area which is adjacent to the giant Cepu oil and gas block jointly operated by ExxonMobil Cepu Limited (EMCL), a unit of ExxonMobil Indonesia, and Pertamina EP Cepu (PEPC). The Jambaran gas field is located within the Cepu block, which is operated by EMCL. EMCL and Pertamina EP agreed in September 2012 to unitize both fields with PEPC serving as operator.
The field is now in pre-construction phase.
Editing by Johannes Simbolon