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Indonesia to Auction Shale Gas Fields… BPMIGAS regulator expected to share information at 3rd Indo OGP.

Posted on : 19 Mar, 2010

 

According to a recent report in the Jakarta Post, the Indonesian government expects to start opening tenders for shale gas field development in eastern Indonesia this year.

 

Shale gas is an unconventional natural gas produced from shale, and a recent study by Bandung Technology University [ITB] found that Indonesia holds 1,000 trillion cubic feet [TCF] of shale gas reserves. This is good news for the country facing a severe gas supply deficit.

 

Mr. Edy Hermantoro, an upstream oil and gas director at the energy and mineral resources ministry, said Indonesia was upbeat on its untapped shale gas potential, but was unable to share details on the fields numbers and location, saying that the government was preparing the regulation on this matter.

 

Those keen to get a headstart on the shale gas developments in Indonesia should attend 3^rd Indo OGP, where Mr. Edy Hemantoro will be speaking on, “Regulatory Outlook in Attracting Investments in Upstream Oil & Gas”. Mr. Hemantoro, who is already touching on Coal Bed Methane developments in his speech, is also expected to share some details about Indonesia’s plans to develop Shale Gas.

 

3^rdIndo OGP will also offer participants opportunity to touch base with Mr. Hemantoro and other top regulators including Dr. Ing. Evita Legowo, and to get their personal perspectives on the situation.

 

To participate in 3^rd Indo OGP, simply click on the link below to register.