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Pertamina wants to cooperate with Shell to develop Natuna gas |
| Indonesian Embassy, 29-May-2008 09.01 |
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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.
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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
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