Based on the initial allegations from Bandung Institute of Technology, the total content of shale gas in Indonesia could reach about 1000 tcf. "The potential is being prepared. Later on when the evaluation is complete we will announce how the exact numbers, "he said today.
Based on the official website of the Directorate General of Oil and Gas mentioned shale gas is a gas obtained from shale rock fragments or the formation of natural gas. Processes needed to transform into gas shale rock takes about five years.
He told the meeting the third bilateral Indonesia-United States in late June, the Directorate General of Oil and Gas Ministry of Energy offers the shale gas fields in Indonesia.
The delegation also visited shale gas field run by ExxonMobil. Shale gas has been developed in the United States since 2000 and in 2004 is estimated to be producing gas by 16 billion cubic feet.
Edy said that until recently some companies have expressed interest in shale gas development in Indonesia. In addition to preparing the working area, the government is preparing for shale gas regulations, contract forms and guidelines development.
In June the government announced plans to open a working area for a joint study to determine the real potential of shale gas in Indonesia. Opening of the working area that starts from onshore or inland areas. "We first evaluate where the areas that really has potential," he said. For the latest updates PRESS CTR + D or visit Stock Market news Today
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