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2016-06-30 18:30:00

INDONESIA HAS CLAIMS

INDONESIA HAS CLAIMS

 

INDONESIA OIL GAS MAP

 

SOUTH CHINA SEA OIL GAS MAP

 

TOGY wrote, Indonesia will increase exploration work in the area surrounding the Natuna Islands, located in the contested waters of the South China Sea, the country's president said on Wednesday.

President Joko Widodo's announcement comes a week after a visit to the island chain aboard a navy vessel. Indonesia lays claim to the Natunas and the surrounding waters, which it intends to open up for oil exploration and commercial fishing. The Chinese, through a statement by the Foreign Ministry last Sunday, said the two countries "have overlapping claims for maritime rights and interest."

"Out of 16 blocks around Natuna, only five are producing," Widodo said, adding that the country was aiming to push for fast-track development "so that they enter [the] production stage sooner." The area's East Natuna gasfield is under development by Pertamina, along with partners ExxonMobil, Total and Thailand's PTT Exploration and Production. ConocoPhillips and Chevron are active in the South Natuna Sea Block B but are expected to withdraw from the field.

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Earlier:

Indonesia: 

WBG WANTS INDONESIA 

INDONESIA'S OIL DOWN 

INDONESIA SEEKS TO IRAN 

PERTAMINA NEED 51% 

ROSNEFT & PERTAMINA COOPERATION 

 

China: 

GAZPROM & CNPC ROUTES 

RUSSIAN-CHINESE PROJECT 

CHINEESE MONEY FOR RUSSIA 

CHINA'S OIL PRODUCTION DOWN 

CHINA'S GAS CONSUMPTION UP

 

 

Tags: INDONESIA, SOUTH, CHINA, SEA, OIL,

Chronicle:

INDONESIA HAS CLAIMS
2018, June, 20, 12:45:00

NORWAY'S OIL PRODUCTION 1.629 MBD DOWN 236 TBD

NPD - Preliminary production figures for May 2018 show an average daily production of 1 629 000 barrels of oil, NGL and condensate, which is a decrease of 236 000 barrels per day compared to April.

INDONESIA HAS CLAIMS
2018, June, 20, 12:40:00

LIBYA'S OIL PRODUCTION DOWN 400 TBD

PLATTS - Libyan crude production has fallen around 400,000 b/d -- or nearly halved -- due to militia attacks on the eastern oil terminals of Ras Lanuf and Es Sider, the head of the country?s National Oil Corp. said Tuesday.

INDONESIA HAS CLAIMS
2018, June, 20, 12:35:00

VENEZUELA'S OIL PRODUCTION DOWN

PLATTS - Venezuela's crude output averaged 1.36 million b/d in May, down from 1.41 million b/d in April, and 1.9 million b/d in May 2017, according to S&P Global Platts. The International Energy Agency said it could fall to 800,000 b/d or even lower next year.

INDONESIA HAS CLAIMS
2018, June, 20, 12:30:00

NIGERIAN OIL SALES

PLATTS - Nigerian oil has been slow to sell this month as bidders for the country's July-loading heavy and light sweet crudes have been absent from the market. Market participants pegged the amount of unsold Nigerian barrels loading in July at 20 million-34 million barrels, amounting to roughly 40%-75% of what is produced in a month.

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