kenapa gak bikin perusahaan konsorsium sajah... model vico, caltex itu
lho..... jadi dua-duanya gak jadi operator tapi punya kontrol penuh.....

salam,
-sorry kalau usulannya agak 'polos-polos sajah', gak ngerti soal pulitik
sih.....

----- Original Message -----
From: "Budi Sukamto" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Monday, January 16, 2006 2:20 AM
Subject: [iagi-net-l] Pertamina opposes establishment of joint venture with
ExxonMobil


> FYI
>
>
>
> Pertamina opposes establishment of joint venture with ExxonMobil
>
> Saturday, January 14, 2006 - 09:06AM GMT+7
>
> State oil and gas company Pertamina has opposed the government's plan to
> establish a joint venture with ExxonMobil Indonesia to develop the
disputed
> Cepu oil block in East Java, Bisnis Indonesia reported on Saturday.
>
> Pertamina's Vice President said in Jakarta on Friday that the
establishment
> of the joint venture to develop the oil block would not solve the problem
> because there was no clear indication who would become the operator of the
> oil block.
>
> "It is impossible to develop the oil block through a joint venture if both
> companies want to become its operator," he added.
>
> The government recently signed the new contract for the development of the
> Cepu oil block with its operators Pertamina and ExxonMobil Indonesia
> recently after prolonged negotiations.
>
> Under the new agreement, Pertamina and ExxonMobil will each have
> participating interest of 45 percent in the Cepu oil block. The other 10
> percent will be allocated to the local government which oversees the
> territory where the oil block is located. Both oil giants however want to
> become the operator of the massive oil block.
>
> Pertamina later proposed Exxon to take turn on the operatorship for every
> five years but the proposal is opposed by Exxon, saying it has the rights
to
> act as the sole operator until the end of the 30 year-contract.
>
> ExxonMobil formerly operated the Cepu oil block under technical assistance
> contract with Pertamina. The contract should have ended in 2010 but the
oil
> giant demanded the earlier extension of the contract for the certainty of
> its investment in the oil field for another 20 years. (*)
>
>
>
>



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