Pertamina, Conrad Asia Agree Terms of Mako Field Gas Sales in Indonesia
'These Key Terms are an important step towards the Mako development final investment decision planned by midyear 2024'.
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'These Key Terms are an important step towards the Mako development final investment decision planned by midyear 2024'.
Under the MoU, Conrad and PGN will cooperate in the provision of gas or LNG supply and jointly explore the commercialisation of gas resources in the shallow-water discoveries within the Aceh PSCs.
Conrad Asia Energy, the ASX-listed Asia-focused natural gas exploration and development company, has provided an overview of activities for the period ending 31 March 2023. Conrad has engaged a global investment bank to lead a farm-down process for the divestment of a portion of Conrad’s interest in the Duyung PSC. Bids are expected to be received during the June quarter and the industry response to date has been encouraging.