Shell has been seeking to divest its 35% share in Masela and Indonesian authorities are keen for the companies to complete the deal to move the project forward after years of delay.
“They are both doing the negotiation,” Energy Minister Arifin Tasrif told Reuters, referring to Indonesia’s Pertamina and PETRONAS. “They have to finalise what kind of joint scheme they are preparing,” he said on the sidelines of the Energy Asia conference in Kuala Lumpur. — Reuters
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