JAKARTA - At least 20 new basins of oil and gas were found, mostly located in eastern part of Indonesia. The country now has 87 basins in with 67 of them on a map previously released in 1985, according to local media on Thursday. Geological experts have discovered at least 20 new basins which are similar in size as those listed in the previous maps, the Indonesian Business daily quoted secretary general of Indonesian geologist (IAGI) Ridwan Djamaludin as saying.
"Hopefully, the new mapping of basins can be used by the government and companies for references before an exploration on gas and oil," he said. Indonesia has currently developed 17 basins which may be potential for the next phase of oil and gas production, he said, adding "another 33 basins are in an exploration level." Besides eastern Indonesia, some other basins are located in Sumatra and Java as well.
There are no reactions on this blog entry yet. Be the first one to give a reaction here!
Log in to write a reaction
You are not logged in to the website. You have to be logged in to write a reaction on this blog entry.
· If you already have an account, please login. · If you have lost your password, please retrieve it. · If you don't have an account yet, you can create one.
ABOUT THIS ENTRY
Add this blog entry to your email, your own blog, MySpace, Facebook, or whatsoever via AddThis:
JAKARTA - At least 20 new basins of oil and gas were found, mostly located in eastern part of Indonesia. The country now has 87 basins in with 67 of them on a map previously released in 1985, according to local media on Thursday. Geological experts have discovered at least 20 new basins which are similar in size as those listed in the previous maps, the Indonesian Business daily quoted secretary general of Indonesian geologist (IAGI) Ridwan Djamaludin as saying.
