Indonesian Political, Business & Finance News

Eni Urged to Explore Ambalat

| Source: GOI
Indonesia has urged Italy's major oil group Eni to explore for oil and gas in the Ambalat block. "We have asked Eni to commit for exploration in the Ambalat area to meet its contract," Achmad Luthfi, deputy chief of energy watchdog BP Migas told Reuters on Friday (9/3/07).

Eni operates the Ambalat block under a production sharing contract with the Indonesian government signed in 1999. "Ambalat is our area. Eni has to explore that area according to its contract commitments," he said.
Tags: business
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