SKK Migas Invites Investors to Invest in East Natuna Block


The Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) invites investors to invest in the East Natuna Block, known as the D-Alpha Natuna Block. Head of SKK Migas Dwi Soetjipto said that the carbon dioxide (CO2) content in the block managed by PT Pertamina reaches 72 percent. "It's huge, and Pertamina had discussions several years ago about its economic value," he said on Thursday (11/19).

For this reason, SKK invites interested investors to enter the East Natuna Block. "We can discuss with Pertamina so that the East Natuna Block will become a giant gas reserve in the future," Dwi said.

Previously, the Director-General of Oil and Gas of the Energy and Mineral Resources Ministry, Tutuka Ariadji, said that the development of the East Natuna Block was still at a standstill to date. "It’s still in the contingent resources category. So, there are no projects, no buyers,” he said in a hearing with Commission VII DPR on Monday (11/16).

Start your free trial.

If you would like to get a 30-day free unlimited access to all of our insights, please click “Start free trial” button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you’ll receive daily insights, weekly business digests, and bimonthly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Enjoy a 30-day free trial, on us. Feel free to contact us with any additional questions you have.