Jakarta – Shell is said to have set a high price to relinquish its participation rights in Block Masela, reaching US$ 1.4 billion or Rp. 21 trillion (exchange rate of Rp. 15,000). In fact, the most expensive price offered by Shell should be US$ 700 million or Rp 10.5 trillion. Secretary General (Sekjen) of the … Read more
Jakarta – Shell open their voice in response to the statement of the Minister of Energy and Mineral Resources Arifin Tasrif who said the company was withdrawing but was not responsible for the Masela Block. Arifin Tasrif made this statement because Shell has never relinquished its participating rights in the block. Shell Indonesia’s VP Corporate … Read more
Jakarta – Minister of Energy and Mineral Resources Arifin Tasrif expressed his annoyance with Shell because it has not given up its participating rights in Block Masela. Currently, Shell is negotiating with PT Pertamina (Persero). Arifin Tasrif said that Indonesia was at a disadvantage because the Masela Block had not been worked on. He then … Read more
Jakarta – The Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif was disappointed with Shell because of the negotiation process for the relinquishment of participating rights Block Masela to PT Pertamina (Persero) has not been completed. This makes the government lose so many opportunities. “Masela is still progressing, but you see, Masela is taking … Read more