Indonesia to Tender 21 Oil, Gas Blocks in 2016

Indonesia plans to auction 21 oil and gas blocks next year, according to Jakarta Post newspaper.

Blocks to be offered up for open tender include existing oil-and gas fields, shale gas blocks and coal bed methane (CBM) blocks, the newspaper reported Wednesday.

IGN Wiratmaja Puja, director general for oil and gas at the Energy and Mineral Resources Ministry on Tuesday said 13 blocks on offer would be conventional oil and gas blocks and eight of them would be offered up through a regular tender. The other five conventional blocks would be offered up under joint study schemes.

In addition, the government will also offer up three shale gas blocks for tender: the Jambi, Central and East Sumatra and Central and Southeast Sumatera blocks, Jakarta Post added. 

Five CBM blocks will include the Raja, Southern Sumatra, Bunga Mas, West Air Komering and South Bengara areas.