JAKARTA (RambuEnergy.com) – The Indonesian government has included four upstream oil and gas projects as part of the revised national priority projects, namely Masela block, Jambaran Tiung-Biru field in East Java, Indonesian Deepwater Development (IDD) and Tangguh Train III projects.
Masela Block is being developed by Inpex Masela Ltd, a subsidiary of Inpex of Japan. Jambaran-Tiung Biru field is located in Central Java and operated by PT Pertamina EP Cepu, a subsidiary of Pertamina. The field is operated by Pertamina EP Cepu.
IDD is located in Makassar Strait and operated by Chevron, while LNG Tangguh Train III project is being developed by BP.
The four projects add the number of priority projects in the oil and gas business sector. Earlier, the government has included Bontang, Tuban and Cilacap refineries.
The government has just revised the priority projects to be compared by 2019. In total there are now 37 projects that are being developed by the oil and gas companies.
The inclusion of the projects are expected to help smoothen the permit process to realize the project. (*)