News Update
Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.
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| Indonesia offers 19 new oil and gas blocks for bids |
| Wall Street Journal, 27 March 2012 |
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Indonesia is offering 19 oil and gas blocks to investors. Five blocks would be offered in regular tenders and 14 blocks directly. The offshore West Pelikan, East Sokang, South East Mangkalihat and East Aru blocks and the onshore/offshore South Sampang Block would be offered in regular tenders. The 15 blocks offered directly are the onshore Bireun Sigh, Bohorok, Mahato, Bukit Batu, South Link, Tatihu, Palangkaraya, Babai and Udan Emas blocks and the offshore Bengkulu l-Mentawai, Martin, Telen, East Sepinggan and Aru blocks.
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