Shell Indonesia guarantees that its oil and gas downstream business in Indonesia will remain expansive amid news of the release of the 35% participating interest (PI) of the Shell Group in the Masela Block.
Rhea Sianipar
Shell Indonesia's External Relations Vice President Rhea Sianipar said investment activities in the downstream sector were still being carried out. Even Shell's downstream oil and gas business is very expanding. One example is the development of a Shell lubricant factory in Marunda, North Jakarta.
In this project, Shell is working on increasing the capacity of the lubricant plant. On the other hand, Shell ensures that the gas station business line also continues to be the focus of their business in Indonesia.
"Our retail business has grown to 116 Public Fuel Filling Stations (SPBU), not only reaching big cities, but also small cities in Indonesia," Rhea said.
But She was reluctant to comment on the news of the release of the 35% interest of the Shell Group Interest Participation in the Masela Block.
the Masela Block
"We cannot comment further on Shell's portfolio activities," Rhea said.
While the Inpex Masela Corporate Communication Manager, Moch N. Kumiawan said, currently it is focused on the planned development of the Abadi LNG project, Masela.
"We are confident that this project will continue and we are actively working to implement a development plan (POD) approved by the Indonesian government," he said.
Kontan, Page-10, Monday, July 13, 2020
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