Tuesday, 10 March 2009

Shell is seeking for ownership in Natuna up to 60%

Royal Dutch Shell is seeking for a 30%-60% ownership as a senior partner in the Natuna D-Alpha block as a compensation for the technology it would apply and transfer to Pertamina. President Director of PT Shell Indonesia, Darwin Silalahi said Shell does not want to become a junior partner in Natuna with only a maximum 15% ownership. Meanwhile, the Director General of Oil and Gas Evita Legowo said the final decision on the size of the block’s ownership (who gets how much) will be determined by the government later.

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