JAKARTA: Iran has offered an oil block to Indonesia's state-

Tue, 16 Sep 2003 | Source: AGENCIES

JAKARTA: Iran has offered an oil block to Indonesia's state- owned oil and gas company Pertamina, an Indonesian government official said on Monday.

Oil and gas director-general at Indonesia's Mines and Energy Ministry, Iin Arifin Takhyan, told reporters the government received a letter on the offer from Iran.

"We will forward the letter to Pertamina soon," he added.

He didn't name the Iranian block offered.

Pertamina has been looking to explore for oil outside the country amid falling proven oil reserves in Indonesia, the only Southeast Asian member of the Organization of Petroleum Exporting Countries, or OPEC.

Last year, Pertamina was awarded Iraq's Western Desert block, which is estimated to contain 3 million barrels of crude oil. -- Dow Jones

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