Indonesia Offers 12 Oil and Gas Blocks in 2022
The offer was less than in 2021 when the government offered 14 oil and gas blocks
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02:15 | Jan 20, 2022
The offer was less than in 2021 when the government offered 14 oil and gas blocks
The minister noted that Indonesias exports in 2021 will be the highest since 2011 when the countrys exports were recorded at US$203.5 billion
"The drilling activities for these four wells are targeted to be completed in May 2022," said SKK Migas.
The exploration is expected to support the realization of the target of one million barrels of oil and 12 billion standard cubic feet of gas per day by 2030.