Maman Budiman:
A lot of land has changed hands
Tuesday, January 15, 2008
TO extract oil from Banyu Urip field, Bojonegoro, East Java, ExxonMobil Indonesia only needs 700 hectares of land. But the land in the Cepu Block area is yet to be acquired. And that’s exactly where the estimated 250 million barrels of oil will hopefully be obtained to cover the shortage of domestic oil production.
Exxon points its finger at land brokers as the root of the delay, but many residents charge that Exxon is also responsible. They
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