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Kazakhstan’s national oil and gas firm KazMunayGas will likely sign an agreement with Indonesia’s Pertamina which will allow the Indonesian energy firm to explore the central Asian nation’s hydrocarbon sector. Trend news agency reports that the two countries will sign a memorandum on Monday.
CBM Asia Development Corp has entered into a Joint Study and Bid Group agreement with Continental Energy Corporation to investigate coal bed methane exploration and development opportunities in Indonesia. Under the agreement, CBM Asia and Continental will jointly and exclusively study selected areas...
CBM Asia has said that its strategic goal is to acquire, through joint ventures, farm-ins and PSC applications, a significant land position in Indonesia’s rapidly emerging coalbed methane industry with the potential to yield 10-15 Tcf of net recoverable resources. The Company believes that Indonesia’s...
Indonesia may limit the amount of natural gas which the country exports as the domestic demand of the commodity rises, Xihnua news agency reported. "The government will be careful in deciding on the amount of natural gas for new export contracts. Let's not make it too much because domestic industries...
Development work on the much delayed Kepodang gas field at the Muriah block off Central Java will soon commence following the approval of its plan of development, Jakarta Post reported. Energy and Mineral Resources Minister Jero Wacik said he had met Petronas chief executive officer Shamsul Azhar Abbas...
Indonesia’s first floating storage and re-gasification unit (FSRU) will likely start supplying gas to PT Perusahaan Listrik Negara’s (PLN) Muara Karang power plant on May 15. The Jakarta Post reported that the first gas delivery is predicted to reach 140 million standard cubic feet per day...
Singapore based PetroGas Ltd has announced that its North Klalin-1 well, located in Sorong area, West Papua, Indonesia, started producing gas on March 26. The North Klalin-1 well tested 5.867 million standard cubic feet per day of gas and 137 barrels of condensate per day. Initial production rate from...
CBM Asia Development Corp. has been told by the operator Newton Energy Capital Limited that the final gas content results of the first coalbed methane exploration test well at the Kutai West Coalbed Methane PSC in East Kalimantan, Indonesia are significantly above expectations. CBM Asia holds an...
Indonesia’s state-run oil and gas firm PT Pertamina, through its subsidiary PT Pertamina Hulu Energi (PHE), is planning to spend $50 million on developing coal bed methane. The company expenditure will be spread over till 2015. The funds would be utilized to drill 50 exploration wells and conducting...
Indonesia’s Energy and Mineral Resources Ministry has said that the country plans to produce 500 million standard cubic feet per day (mmscfd) of coal bed methane (CBM) by 2015, Jakarta Post said. Currently, CBM production in Indonesia is still very low and cannot be calculated accurately because...