Finally, BP's shares in the Sanga Sanga Convensional Block in Kutai Kertanegara, East Kalimantan, became the property of PT Saka Energi Indonesia. BP divested all of its shares in the oil and gas block operated by the Virginia Indonesia Company (VICO).
Blogger Agus Purnomo in SAKA Energi
BP has not denied that the cooperation contract contractor (KKKS) of the Sanga Sanga Conventional Block has been an important part of their business portfolio. But now it is no longer in line with the company's long-term strategy, said BP Indonesia Head of Country Dharmawan Samsu.
It's just not know the value of the sale of these shares. To be sure, BP's share in the Sanga Sanga Conventional Block is 26.25%.
the Sanga Sanga Conventional Block
PT Saka Energi Indonesia Operations Director Tumbur Parlindungan was reluctant to share detailed information. Let BP talk about the announcement later, we don't want to go into it.
Blogger Agus Purnomo in SKK Migas
Deputy Head of the Upstream Oil and Gas Special Task Force (SKK Migas), Zikrullah, admitted that he had not yet received an official report on the sale and purchase of these shares. The Director-General of Oil and Gas at the Ministry of Energy and Mineral Resources I Gusti Nyoman Wiratmaja Puja.
The sale of shares in the Sanga Sanga Block did not immediately result in BP leaving East Kalimantan. BP still maintains 50% participation in the oil and gas block KKKS in the Coal Bed Methane (CBM) working area, which is located adjacent to the Sanga Sanga Block.
Meanwhile, in other locations, BP has other business assets such as Tangguh LNG in Bintuni Bay, West Papua. Indonesia remains a major region for BP, said Dharmawan.
Kontan, Page-14, Wednesday, Nov 23, 2016
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