SOE Minister Mustafa Abubakar said his side let Pertamina increase stakes in the project, but instead purchased shares from PT Medco Energi Internasional Tbk. "In order to enhance the role of local companies, please for Pertamina to increase stake in Donggi Senoro. However, shares purchased are owned by foreign companies in the project, "he said today.
According to Mustafa, until now plan to continue the projects are still prepared, following the allocation has been decided sales of gas from Senoro Donggi. Senoro Donggi project shareholding is currently 29%, Pertamina, Medco 20% and Mitsubishi 51%.
The government finally decided allocation Donggi gas-Senoro with the proportion of at least 25% -30% for domestic flights. The decision was outlined in the Decree of Ministry of Energy and Mineral Resources (ESDM) No. 4186/13/MEM.M / 2010 dated June 17, 2010, addressed to the Chief Executive Agency for Upstream Oil & Gas.
The letter was also copied to the Vice President, Coordinating Minister for Economic Affairs, Minister for Enterprise, and Director of PT Pertamina (Persero).
In his letter, Minister of Energy Darwin Zahedy Saleh declared under the Law. 22/2001 on Oil and Gas Regulation No. jo. 35/2004 on Upstream Oil and Gas, as amended by Government Regulation No.55/2009 on the Second Amendment of Regulation No. 35/2004-pemerintah gives priority to natural gas for domestic needs and sustaining the economic development of the field.
Allocation decision-Senoro Donggi gas was based on the recommendation of a technical team headed by Director General for Energy and Mineral Resources Oil and Gas, the review team
independent (Institute for Research Affiliates Indonesia ITB) which was assigned by the Coordinating Minister Hatta Rajasa and direction in meeting the Vice President Boediono June 1, 2010. For the latest updates PRESS CTR + D or visit Stock Market news Today
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