KONTAN.CO.ID-JAKARTA. The government has approved the revision of the Masela Block development plan last November. Following this, SKK Migas will push Inpex and other consortium members to expedite the entire process so that it can be on stream by 2029. Head of SKK Migas, Dwi Soetjipto said that on November 28, 2023, his party had approved the second revision of the development plan or plan of development (PoD) of the Masela Block. “The development of the Masela Block requires an investment of around US$ 19.8 billion, this estimate is added with carbon capture (CCS) facilities. The second revision of PoD 1 has been approved and the target on stream is the end of 2029,” he said in a Hearing Meeting (RDP) with the VII Commission of the Indonesian House of Representatives, Thursday (30/11).
Indonesia Oil&Gas Authority Will Approve the Revision of the Masela Block Dev. Plan
KONTAN.CO.ID-JAKARTA. The government has approved the revision of the Masela Block development plan last November. Following this, SKK Migas will push Inpex and other consortium members to expedite the entire process so that it can be on stream by 2029. Head of SKK Migas, Dwi Soetjipto said that on November 28, 2023, his party had approved the second revision of the development plan or plan of development (PoD) of the Masela Block. “The development of the Masela Block requires an investment of around US$ 19.8 billion, this estimate is added with carbon capture (CCS) facilities. The second revision of PoD 1 has been approved and the target on stream is the end of 2029,” he said in a Hearing Meeting (RDP) with the VII Commission of the Indonesian House of Representatives, Thursday (30/11).