Pertamina wants to cooperate with Shell to develop Natuna gas

Jakarta (ANTARA News/Asia Pulse) - State-owned oil and gas company PT Pertamina said it wants to cooperate with Royal Dutch Shell to develop the giant gas block of Natuna D Alpha in Riau.

Shell has the technology needed to separate carbon dioxide from the gas, said Pertamina President Ari Hermanto Soemarno, who accompanied a Shell director Malcolm Brinded in a meeting with Vice President Jusuf Kalla Monday.

The block is estimated to have a reserve of 220 trillion cubic feet of gas but the gas has a high CO2 content of 70 per cent. The block was originally awarded to ExxonMobil but the U.S. company failed to implement its contract which was terminated in January, 2007.

Source:
Business in Asia Today
published by Asia Pulse