April 6, 2018 / 6:28 AM / 3 months ago

Chevron seeks extension of Rokan block contract in Indonesia beyond 2021

JAKARTA, April 6 (Reuters) -

* Chevron has submitted a proposal to extend its contract to operate the Rokan block in Indonesia beyond 2021, Deputy Energy Minister Arcandra Tahar said on Friday.

* Chevron's proposal is now being evaluated by upstream oil and gas regulator SKKMigas, Tahar said.

* "Apparently the seven sisters are still interested in investing in Indonesia," he said.

* The Rokan block is Indonesia's single largest source of crude oil.

* The government was currently evaluating 23 oil and gas contracts due to expire up to 2026, and will prioritise decisions on those expiring soonest, Tahar said. (Writing by Fergus Jensen)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below