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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Pertamina move to enter Mahakam gas field blocked by buyers

  • Alfian

    The Jakarta Post

Jakarta | Fri, April 16 2010 | 10:42 am

PREMIUM State oil and gas company PT Pertamina may not be able to acquire a stake in the gas-rich Mahakam block in East Kalimantan as early as it would like because overseas gas buyers have demanded the block’s current stakeholders be allowed to continue operating there until 2017.France’s Total S.A. operates the block with a 50 percent share, in partnership with Japan’s Inpex, which controls the ot...