“We're prepared to sign the contract in September,” said Director General of Oil & Gas, I Gusti Nyoman Wiratmaja Puja
Indonesia’s President Joko Widodo is keen to have work restarted on the frontier East Natuna block where further appraisal needs to be carried out to refine the estimated gas reserves.
However, the co-venturers are expected to in tandem embark on a potential early oil production development.