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Article: BRIEFING - ASIA ENERGY - FEB 16, 2009.

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AsiaPulse News
Article date:
February 16, 2009
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An executive briefing on energy for Feb 16, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

JAKARTA TO REVISE CONDITIONS FOR EXTENDED OIL AND GAS CONTRACTS

JAKARTA - The Indonesian government will revise terms and conditions of oil and gas contracts to be more in favor of the state and raise its oil and gas production split for contract extension, an official said.

Energy and Mineral Resources Minister Purnomo Yusgiantoro said currently the government is processing proposed extension of six oil and gas block contracts.

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