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Article: Indonesia halts negotiation with Exxon over Natuna block
- Article from:
- Xinhua News Agency
- Article date:
- February 4, 2008
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Copyright informationCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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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 ...