“ … 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.)

Friday, December 19, 2008

Pertamina seeks 30 percent stake at Inpex gas field

Fri Dec 19, 2008 7:34am GMT  

JAKARTA, Dec 19 (Reuters) - Indonesian state oil firm Pertamina is seeking a 30 percent participating stake at a gas field operated by Japan's Inpex (1605.T: Quote, Profile, Research), a senior company official said on Friday. 

Pertamina wants to expand its upstream activities and is looking at several potential gas fields in the country, including Inpex's field in the Timor Sea, to boost its gas reserves and production. 

"We have sent a letter to Inpex for the gas field...if we get 30 percent is better," Ari Soemarno, Pertamina's president director, told reporters. 

"Pertamina is ready to prepare financing for that field if it's involved," he added. 

Previously, Pertamina's upstream director Karen Agustiawan had said Pertamina is looking at a 10 percent stake in the Inpex field, which has not yet produced any gas. 

Inpex Holding Inc is currently the sole operator of the Abadi gas field in the Masela block in eastern Indonesia. 

The field is estimated to have more than 10 trillion cubic feet of natural gas reserves. 

If confirmed, that would make the project the second-biggest new gas field after the Tangguh project in Papua, which has combined reserves of 14.4 tcf. 

Pertamina already has several gas fields in Indonesia, including in South Sumatra, which supplies gas-fired power plants in Jakarta via pipeline. 

Indonesia, which has far more gas than oil, has pushed companies to move faster in developing gas projects as the country badly needs the fuel for domestic industries and exports. Indonesia, the world's number-three LNG exporter after Qatar and Malaysia, is increasing its use of energy sources such as natural gas to reduce oil use because of high prices and dwindling domestic supply. 

(Reporting by Muklis Ali, Editing by Michael Urquhart)

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