Malaysia’s PETRONAS resigns from big Indonesia’s East Natuna


Dateline 2012-02-27:

Malaysia’s state oil and gas company Petronas has resigned from a consortium exploring Indonesia’s East Natuna gas project, Asia’s biggest untapped gas reserve, Indonesia’s state oil and gas company Pertamina said on Monday.

“We received confirmation from our upstream director Muhammad Husen that Petronas has backed down as our partner in East Natuna,” Pertamina spokeswoman Wianda Pusponegoro said to Reuters on Monday.

Pusponegoro declined to give further details or a reason for the resignation and there was no immediate comment from PETRONAS.

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This entry was posted on Sunday, March 18th, 2012 at 6:00 am and is filed under Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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