Large gas reserves discovered in Indonesia - News Summed Up

Large gas reserves discovered in Indonesia


Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) head Dwi Soetjipto turns a handle on a gas pipe at a gas network installation in Gunung Sari Ulu, Balikpapan, East Kalimantan. (Photo: https://www.thejakartapost.com/)Jakarta (VNA) - The Upstream Oil and Gas Regulatory Task Force (SKK Migas) of Indonesia has announced the discovery of additional gas reserves in the South Andaman Sea that it claims could be among the biggest in the world. Accordingly, Mubadala Energy, an Abu Dhabi-based oil and gas company, has found the gas deposit of potentially over 6 trillion cubic feet in Layaran-1, its first deepwater well in the Andaman Sea, about 100 kilometers off North Sumatra. In a statement on December 19, Mubadala Energy CEO Mansoor Mohammed Al Hamed said this discovery is not just a significant development for Mubadala Energy but also serves as a historical milestone for Indonesia’s energy security. SKK Migas head Dwi Soetjipto said this is the first time Indonesia has obtained two giant discoveries within the same year, Soetjipto said.


Source: Viet Nam News December 21, 2023 20:44 UTC



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