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Article: BRIEFING - ASIA ENERGY - AUG 5, 2009.

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AsiaPulse News
Article date:
August 5, 2009
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An executive briefing on energy for Aug 5, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

INDONESIAN COAL CO BUKIT ASAM TO DEVELOP COAL BED METHANE GAS

JAKARTA - Indonesian state coal producer PT Tambang Batubara Bukit Asam (PTBA)(JSX:PTBA) will develop business in coal bed methane (CBM) in South Sumatra.

Bukit Asam will cooperate with state oil and gas company PT Pertamina and Arrow Energy Holdings PTE Ltd., which will be a 45 per cent shareholder with the two state companies to split the remaining 55 per cent stake.

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