Saddled with the Burden of the Masela Block
Pertamina is forced to shoulder the burden of the Masela block. This is the result of the government’s ambition to change the project plan.
Tempo
June 26, 2023
THE mistakes of the parents cause problems for the children, as the Indonesian proverb goes. This is what has happened to Pertamina, which will have to bear the burden of the Masela Block project. As a result of the decision by President Joko Widodo to change the development plan for the giant oil and gas field in Maluku, Pertamina will have to reach deep into its pockets to cover the costs after the withdrawal of the previous investor.
The gove
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