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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,