Awaiting the Final Say

Management of the Cepu Block will be handled by Pertamina Mobil Cepu Ltd. The final say is in the hands of President SBY.

February 7, 2006

ONE more problem for the Coordinating Minister for the Economy to solve. The decision on the management rights over Cepu Block, currently hotly contended by ExxonMobil Oil Indonesia and PT Pertamina, now rests on Minister Boedionos shoulders.

He discussed the matter in a joint meeting of State-Owned Enterprises (SOEs) Minister Sugiharto, Energy Minister Purnomo Yusgiantoro, and Finance Minister Sri Mulyani Indrawati, two weeks ago. The agenda was

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