Indonesia should no
longer extend the work contract of PT Total E&P Indonesie, operator
of the Mahakam Oil Block when it expires in 2017, a presidential
convention candidate stated.
"2017 Blok Mahakam must be returned and owned by the nation," Gita
Wirjawan, a contestant of the Democratic Party presidential candidate
convention said during a debate here on Saturday.
Wirjawan said that Indonesia should no longer extend Totals work
contract for the operation of the Mahakam Oil Block, which was now under
the management of PT Total E&P Indonesia.
The government must be responsible for the management of the natural resources for the greatest welfare of the people.
For this, it is important to work out a fair production sharing between the central and regional governments.
"It is a must to decide a fair turnout sharing scheme between the
central government and the regional government of East Kalimantan,
particularly the people of East Kalimantan," he said.
Gita explained that the Mahakam Block at present was experiencing a
production decline from 1.6 million barrels per day to 830 thousand
barrels only.
He said that the decline in the production deserved to be questioned.
Source : Antara
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