Govt puts 27 oil/gas, coal bed methane blocks on offer

Antara News, Thursday, May 20, 2010 23:40 WIB

Jakarta (ANTARA News) - The government is offering 18 oil/gas blocks and nine coal bed methane (CBM) fields to investors in its first phase tenders in 2010, a senior official said.

Oil and Gas Affairs Director General Evita Legowo announced the offering of the 27 blocks to bidders at the closing of the Indonesian Petroleum Association (IPA) exhibition and convention here on Wednesday.

Energy and Mineral Resources Minister Darwin Saleh officially closed the exhibition and convention which was opened by Vice President Boediono on May 18, 2010.

Legowo said that six of the tenders for the oil and gas blocks were called through a direct appointment mechanism and 12 others through regular tenders.

The blocks offered through direct appointment mechanism were North Sokang, North West Natuna, Titan, Bone, Onin and North Arafura while those offered through regular tenders were Sokang, Singkil, Nias, Sunda Strai II, Sunda Strait III, Sunda Strait IV, Kangean I,Kangean II, South West Makassar, Wokam I, Wokam II and Digul.

For the CBM blocks, four were offered through direct appointment, namely Sijunjung, Kutain Barat, Kutai Timur, and Kapuas, and five were through regular tenders, namely Kampar, Pelalawan, Penajam Pasir I, Penajam Pasir II and Kendang.

Evita Legowo said that the government learned that the development of CBM had received good response from investors.