---------- Forwarded message ---------- From: [EMAIL PROTECTED] <[EMAIL PROTECTED]> Date: Nov 28, 2005 12:09 PM Subject: Pertamina susun FDP sendiri To: [EMAIL PROTECTED]
Vick, kirimin ke teman2 yang lagi conference di Surabaya. biar dibahas... Franciscus Boetje Sinartio Senior Geoscientist Petroleum Geoscience Department Exploration Division Telp: +60-3-2331-7822 fax : +60-3-2331-1859 HP: +60-12-2377209 [EMAIL PROTECTED] http://www.nytimes.com/financialtimes/business/FT20051126_17643_50350.html NYT, November 26, 2005 Pertamina chief makes Cepu threat By FT.COM The chief executive of Pertamina, Indonesia's state oil company, has threatened to begin drilling alone at a US$2bn oilfield that is the subject of a long-running dispute with ExxonMobil, the US energy group. However, a government spokesman said a move by Pertamina to drill the Cepu oil block alone would violate a contract signed earlier this year. Jakarta in September signed a 30-year production contract with Exxon and Pertamina to develop the Cepu block in central Java in what was seen as a breakthrough to a four-year-old dispute. But talks between Pertamina and Exxon over operatorship of Cepu have been deadlocked, causing little progress on the field's development. The fate of Cepu has become a key test of the government of President Susilo Bambang Yudhoyono and its relationship with foreign investors. Cepu's estimated peak production of 170,000 barrels a day ? just under 20 per cent of current production ? is also seen as key to Indonesia regaining its status as a net exporter of crude oil. The government said this week it was preparing to intervene in the dispute. But Widya Purnama, Pertamina's chief executive and a vocal opponent of a deal with ExxonMobil, said yesterday that the state oil company was readying its own response. If the stalemate endured, he said, Pertamina would submit a development plan to regulators next month to begin drilling 30 wells in the Cepu block by itself as early as January. Pertamina later said the idea was only a "contingency plan" rather than one that the state oil company was pursuing actively. But Rizal Mallarangeng, the government's lead spokesman on Cepu, said any move by Pertamina to try to develop the block alone would violate its contract with the government and ExxonMobil. "There is no way [Pertamina could drill alone]. It's a joint operation. It's between Pertamina and ExxonMobil," he said. "This deal is based on joint operatorship. Any major decision on drilling or anything has been taken together." ExxonMobil refused to comment on Mr Purnama's comments. -- --Writer need 10 steps faster than readeR -- --------------------------------------------------------------------- To unsubscribe, send email to: iagi-net-unsubscribe[at]iagi.or.id To subscribe, send email to: iagi-net-subscribe[at]iagi.or.id Visit IAGI Website: http://iagi.or.id IAGI-net Archive 1: http://www.mail-archive.com/iagi-net%40iagi.or.id/ IAGI-net Archive 2: http://groups.yahoo.com/group/iagi Komisi Sedimentologi (FOSI) : Ratna Asharina (Ratna.Asharina[at]santos.com)-http://fosi.iagi.or.id Komisi SDM/Pendidikan : Edy Sunardi(sunardi[at]melsa.net.id) Komisi Karst : Hanang Samodra(hanang[at]grdc.dpe.go.id) Komisi Sertifikasi : M. Suryowibowo(soeryo[at]bp.com) Komisi OTODA : Ridwan Djamaluddin(ridwan[at]bppt.go.id atau [EMAIL PROTECTED]), Arif Zardi Dahlius(zardi[at]bdg.centrin.net.id) Komisi Database Geologi : Aria A. Mulhadiono(anugraha[at]centrin.net.id) ---------------------------------------------------------------------
