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PT Pertamina (Persero) confirmed its commitment to fully operate Mahakam Block after the termination of its contract on 31 December 2017. The commitment was shown in a letter from Acting President Director Pertamina Muhamad Husen to Minister of Energy and Mineral Resources Sudirman Said on Thursday (27/11).

The Oil and Gas Management Reformation Team has 6 months of working period. The Team chaired by Faisal Basri will report its performance monthly. Its report will be followed up by the government. In its first month, the Team has two main agendas. They are Petral and fuel price.

The LNG carrier from LNG Tangguh Papua arrived in Labuan Maringgai Lampung on Saturday morning (23/11). The LNG carrier then immediately docked to PGN FSRU Lampung to unload and deliver LNG to PGN FSRU Lampung.

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In order to support the government`s effort in improving oil and gas management, Acting Director General of Oil and Gas Naryanto Wagimin ensured that the licensing in Directorate General of Oil and Gas would complete in 7 days.
PT Pertamina (Persero) was granted Mahakam Block after the cooperation contract of Mahakam with PT Total E&P Indonesie ends in 2017. In the end of November 2014, this state owned enterprise will check the reserve in Mahakam Block, East Kalimantan.
The government suggested people not to do panic buying due to the plan of increasing the subsidized fuel price. The government ensures the availability of subsidized fuel supply.
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