Indonesia Offers Four Oil and Gas Blocks in Second Bidding Round This Year
KONTAN.CO.ID - JAKARTA. Indonesia's energy ministry launched a bidding round on four oil and gas blocks on Wednesday, as the country seek more investments in its upstream oil and gas sector. The ministry said in a statement.
Southeast Asia's biggest economy set a target to reach 1 million barrels oil per day (MMBOPD) and 12 billion standard cubic feet per day (BSCFD) gas in 2030 to meet national energy demand, Energy minister Arifin Tasrif said.
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