INDONESIA - Natuna.There are several offshore oil and gas fields in Natuna, an archipelago in the South China Sea rich in hydrocarbons. The oilfields in West Natuna have a total capacity of about 215,000 b/d, making the area the fourth biggest oil producer next to CPI's system in Central Sumatra, Total/Inpex's East Kalimantan East Kalimantan (Indonesian: Kalimantan Timur abbrv. Kaltim) is Indonesian province on the east of Borneo island. The resource-rich province has two major cities, Samarinda (the capital and a center for timber product) and Balikpapan (a petroleum center with oil fields and the Java Sea Java Sea
Part of the western Pacific Ocean between Java and Borneo islands. Measuring 900 mi (1,450 km) long by 260 mi (420 km) wide, it occupies a total area of 167,000 sq mi (433,000 sq km). A shallow sea, it has a mean depth of 151 ft (46 m). .
The main operator in West Natuna is Conoco, which can produce more than 110,000 b/d from Belida field and nearby structures in Block B, and holds 40% in a partnership with Inpex (35%) and ChevronTexaco (25%). Block B's liquid reserves to be recovered amount to about 280m barrels of oil, condensate and LPG LPG: see liquefied petroleum gas.
1. LPG - Linguaggio Procedure Grafiche (Italian for "Graphical Procedures Language"). dott. Gabriele Selmi. Roughly a cross between Fortran and APL, with graphical-oriented extensions and several peculiarities. . The second is Gulf Resources, which operates the Kakap Block and has the 70,000 b/d KG and KRA Kra , Isthmus of
A strip of land, about 64 km (40 mi) wide at its narrowest point, linking the Malay Peninsula with the Asian mainland. fields, in partnership with Pertamina and other firms. Premier Oil, which in Sept 1996 bought Chevron's 67% stake in Block A, has the 15,000 b/d Anoa anoa (ənō`ə): see buffalo. field and a major gas field. Its 25% partner is Petronas of Malaysia.
These three blocks contain about 4 TCF See Trenton Computer Festival. of recoverable gas. They began exporting gas to Singapore on Jan. 3, 2001, six months ahead of schedule, through a 650 km marine pipeline from the fields to Singapore's Jurong island (site of a huge petrochemical complex and power plants). The pipeline was officially inaugurated on Jan. 15 by Indonesian President Abdurrahman Wahid and Singapore's Premier Goh Chok Tong Goh Chok Tong, 1941–, prime minister of Singapore (1990–2004). After holding government and business positions, he was elected to Singapore's parliament in 1976 and served in the cabinet and People's Action party leadership from 1979. , with deliveries in 2001 to average 150 MCF/d and to rise to 325 MCF/d by 2003. Under agreements worth $9.4 bn signed on Jan. 15, 1999, by Pertamina and the Singapore utility SembCorp (part of Sembawang group), the three West Natuna operators are to supply a total of 2.5 TCF for 22 years starting from 2001. Conoco has managed construction of the pipeline and is operating the system.
Conoco is negotiating with Petronas for the supply of 1.5 TCF to Malaysia for 20 years through a second marine pipeline. The talks, supposed to be finalised before end-March 2001, are now concentrating on the price. Petronas wants a lower price than the one being paid by SembCorp (see Gas Market Trends of next week).