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Article: INDONESIAN GOVT & EXXONMOBIL CLOSE TO AGREEMENT ON NATUNA BLOCK.
- Article from:
- AsiaPulse News
- Article date:
- January 3, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. 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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JAKARTA, Jan 3 Asia Pulse - The Indonesian government and ExxonMobil are now close to agreement to renew the contract of the U.S. energy giant for the development of the Natuna D-Alpha gas block, an official said.
Energy and Mineral Resources Minister Purnomo Yusgiantoro said the two parties are now finalizing the wording of the agreement under which the government is set to secure a production split.
Based on the old contract which has been terminated ExxonMobil had a 100 per ...