Article: Indonesia halts negotiation with Exxon over Natuna block

Indonesia halts negotiation with Exxon over Natuna block

JAKARTA, Feb. 4 (Xinhua) -- The Indonesian government said Monday the time-consuming negotiations with U.S. oil giant Exxon Mobil over joint exploration in the Natuna gas block have met a deadlock.

"I have reported to the minister of energy and mineral resources (Purnomo Yusgiantoro) that the negotiations have failed to reach an agreement," Kardaya Warnika, who heads the government's negotiation team, told a press conference here.

Kardaya, also the chairman of the Oil and Gas Executive Body (BP Migas), said it is now up to the government whether or not the negotiations will continue.

"Both sides have ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!