"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
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Monday, January 22, 2007

Total Oil To Expand Gas Exploration In Indonesia

January 22, 2007 8:07 a.m. EST

Komfie Manalo - All Headline News Correspondent

Jakarta, Indonesia (AHN) - Total oil on Monday has announced plans to expand operations in Indonesia and invest an additional $6 billion in the next five years for oil and gas explorations in the region.

Thierry Desmarest, Total oil chairman said in Jakarta, Indonesia after meeting with Indonesia President Susilo Bambang Yuhhoyono, "We plan to continue with many projects and we will increase by six billion dollars our investment in oil and gas exploration and production, especially in Kalimantan, in the next five years."

Desmarest adds his company's initial exposure of $1 billion in the region in the past three years have already doubled.

The fresh infusion will be earmarked for the expansion of the capacity at Total's Mahakam Delta oil and gas block in East Kalimantan and to pinpoint new sources for oil and gas reserves. Over 20,000 people are currently working in Makaham Delta.

Indonesia's demand for gas is expected to grow at six percent each year between 2004 and 2012. Power supply shortages have already begun to surface outside Java. Analysts say the industry needs at least $25 billion to avert a looming power crisis by developing the domestic gas market.

Indonesia's Energy and Mineral Resources Minister Purnomo Yusgiantoro expressed appreciation for Total's long term commitment in developing and oil and gas industry in the region.

The Indonesian government last week announced tax incentives and to review regulations in the industry in an effort to attract more investors.

Rising oil prices have seen Indonesia focus on gas production for domestic needs rather than for export.

The gas industry in Indonesia remain underdeveloped because of poor incentives offered by the government to interested investors and make the sector economically viable. Subsidies for oil products and the absence of revenue sharing arrangements for gas field exploration/expansion in current production sharing contracts are largely responsible for the current situation, industry insiders say.

Posted by Cempaka at 11:17 PM
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