“ … 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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Tuesday, March 17, 2009

Indonesia Pertamina to pick Natuna block partners

Reuters, Tue Mar 17, 2009 6:48am GMT  

KUALA LUMPUR, March 17 (Reuters) - Indonesia's state-run oil firm, Pertamina, plans to decide on its technical partners for the giant Natuna D-Alpha gas block this month or the next, a company official said on Tuesday. 

The Natuna block contains around 222 trillion cubic feet (tcf) of gas reserves, of which about 46 tcf are thought to be commercially recoverable. 

"Hopefully this month. Maybe also in April. We would like to speed things up," Gunung Sardjono Hadi, the firm's vice-president for upstream business development, told Reuters at a conference in the Malaysian capital. 

Indonesia appointed Pertamina as the operator of Natuna, but the firm does not have the capacity to develop the gas field alone, with an estimated investment of $40 billion required. 

The decision will be based on the findings of an independent consultant. Last year Pertamina selected Wood Mackenzie to advise on picking partners to develop the giant gas field. 

"We have some requirements in this aspect (of picking a partner), because Natuna has huge potential," Hadi said. "The partner has to have capability in carbon dioxide removal, developing offshore projects and to produce the end-product." 

The Southeast Asian country in January rejected a proposal by Exxon Mobil Corp (XOM.N) to develop the Natuna field, since it believes the contract held by the U.S. oil major expired in 2005. 

Last year, Pertamina named eight international oil and gas companies it would consider as partners, including Exxon Mobil, Chevron (CVX.N) and France's Total (TOTF.PA). 

Royal Dutch Shell (RDSa.L), Norway's StatoilHydro (STL.OL), Italy's Eni (ENI.MI), Malaysia's Petronas [PETR.UL] and China National Petroleum Corp are the rest. 

The block, which is about 1,100 kilometres (680 miles) north of Jakarta and 200 km east of the West Natuna fields that feed gas to Singapore, accounts for about a quarter of Indonesia's total commercially recoverable gas reserves of 182 tcf.

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