The future of the Mahakam Block—currently managed by Total E& P dan INPEX Corporation—will be decided before the end of the Block’s production sharing contract (PSC) in 2017, Minister of Energy and Mineral Resources Sudirman Said told journalists on Dec. 9. The Minister also said that the government have high hopes Mahakam’s production would not drop under Pertamina, and that Pertamina, if given the contract to operate the block, would do their bidding professionally. And so it appears that PT Pertamina is closer to getting Mahakam than ever.To subscribe please click here
