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Article: Indonesia may reassign block.(International)
- Article from:
- The Oil Daily
- Article date:
- October 3, 2007
CopyrightCOPYRIGHT 2007 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Indonesia's oil minister said on Tuesday that if talks with Exxon Mobil over the Natuna D-Alpha gas field fail, the government could either give the project to state oil firm Pertamina or reopen bidding.
Last month, an official at Indonesia's energy watchdog BP Migas said talks over the disputed Natuna gas block, which is now controlled by the US company, had halted due to a disagreement over how to split the gas produced.
"We want [a production] split of 65% or 60% for the government, and 35% or 40% to Exxon Mobil," Purnomo Yusgiantoro told reporters on Tuesday.
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