“ … 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.)

Wednesday, March 04, 2009

Govt to terminate 13 oil, gas contracts

The Jakarta Post,  Jakarta  |  Wed, 03/04/2009 11:49 AM  

The government is currently preparing to terminate 13 oil and gas cooperation contracts (KKKS) with companies considered unproductive, Antara reports. 

The contracts were among 142 contracts with companies still in an exploration phase, upstream oil and gas regulator BPMigas chairman R Priyono said Wednesday. 

"We are now in the process of terminating 13 contracts," Priyono said, refusing to name companies involved. 

Under the 2001 law on oil and gas, companies obtaining such contracts must begin exploration within 10 years of signing. 

BPMigas is currently supervising 206 cooperation contracts, 64 of which have been productive, Priyono said. 

In 2009, the government is targeting to produce 960,000 barrels of oil, a reduction from the 976,000 barrels in 2008; and 7.526 billion cubic feet of gas, an increase from the 7.46 billion last year. 

According to the government, as of Jan. 1 last year there were still 3.8 billion barrels of oil and 112.5 trillion cubic feet of gas in reserve in Indonesia. (dre)

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