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Article: PERTAMINA READY TO DIVEST 60 PCT OF NATUNA BLOCK-D ALPHA STAKE.
- Article from:
- AsiaPulse News
- Article date:
- November 13, 2008
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JAKARTA, Nov 13 Asia Pulse - Indonesian state-owned oil company PT Pertamina said it was ready to let go 60 per cent of its participating interest (PI) in the Natuna Blok-D Alpha oil field, a Pertamina official said.
Pertamina's Upstream director Karen Agustiawan said here on Thursday that the 60 per cent PI portion would be allocated to several other companies.
"This means that though it owns only 40 per cent stake, Pertamina will remain the major holder of the interest in Natuna Blok-D Alpha," he said.
He said that his side would invite seven to eight of the 20 major companies which had earlier expressed interest in it.
"We are ...