Fighting for West Madura Block - Economy - magz.tempo.co

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Fighting for West Madura Block

Wednesday, May 4, 2011

Two companies, newcomers in the industry, suddenly hit the jackpot in the West Madura Block. Like lightning the government approved a proposal to relinquish half of Kodeco’s and CNOOC’s shares. Why did Pertamina request 100 percent participating interest?

. tempo : 173228067779.

THE fight over the West Madura Block, the contract for which ends this week, is heating up. CEO of PT Pertamina Karen Agustiawan sent a letter to Minister of Energy and Mineral Resources Darwin Zahedy Saleh and Minister of State-Owned Enterprises (SOEs) Mustafa Abubakar, on Tuesday last week. She requested for Pertamina to be allowed to manage the oil and gas field to the north of Madura Island. Karen is also requesting a 100 percent participatin

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