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JAKARTA (rambuenergy.com) – The Energy and Mineral Resources Ministry and the Special Task Force for Upstream Oil and Gas Business (SKK Migas) had urged Genting Oil to submit the plan of development (PoD) of Kasuari Block, in West Papua. The government wants the gas from the block to be supplied to fertilizer producers in the country.
Director for Upstream Oil and Gas at the Energy and Mineral Resources Ministry Naryanto Wagimin was quoted by Kontan as saying that the Malaysian oil and gas company has drilled 8-10 wells in the block and has discovered 2.2 trillion cubic feet of gas at Kido well, with total exploration cost of US$400 million.
The Publi Relation Head of SKK Migas Rudianto Riambono expects Genting Oil to submit the PoD for the block’s development in the next few weeks.
Genting Oil & Gas Limited (GOGL) via Genting Oil Kasuri Pte Ltd (GOKPL) signed a Production Sharing Contract with the Indonesian government, in this case SKK Migas (previously called BPMIGAS) to develop the Kasuri Block. This block was awarded to GOGL through a ‘Direct Offer’ scheme with a signature bonus of US$19 million and a commitment to undertake 5 exploration wells and seismic works.
The Kasuri Block covers an area of 3,534 sq km onshore the Bomberai Peninsula in West Papua and is adjacent to the offshore Tangguh Gasfields. The Tangguh LNG Plant, which is located to the north of Kasuri, has already begun production in 2009.(*)
![[Image : SKK Migas]](/file/2015/07/IMG_4407-R-1024x682-272x125.jpg)