KONTAN.CO.ID - JAKARTA. Indonesia is putting eight new oil and gas blocks located across the archipelago up for bids, Tutuka Ariadji, the director general of oil and gas at the country's energy ministry, said on Monday. The oil and gas blocks had a total capacity of at least 500 million barrels of oil and 22 trillion cubic feet of gas, data presented at an energy conference by Ariadji showed. "We invite potential investors who are interested, who have technical capabilities and have good financial ability to participate in this bidding round," Ariadji said.
Indonesia offers 8 new oil and gas blocks for bids
KONTAN.CO.ID - JAKARTA. Indonesia is putting eight new oil and gas blocks located across the archipelago up for bids, Tutuka Ariadji, the director general of oil and gas at the country's energy ministry, said on Monday. The oil and gas blocks had a total capacity of at least 500 million barrels of oil and 22 trillion cubic feet of gas, data presented at an energy conference by Ariadji showed. "We invite potential investors who are interested, who have technical capabilities and have good financial ability to participate in this bidding round," Ariadji said.