Indonesia to Offer 50 Oil and Gas Blocks Next Year

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Indonesia will seek bids for 50 new oil and gas blocks next year through tenders and direct offers to help boost output, said Evita Legowo, director general of oil and gas at the Energy and Minerals Resources Ministry.

The government will seek investors next year to develop 10 coal-bed methane working areas, Legowo said in a press briefing in Jakarta today.