PT Pertamina Persero to disclose the purchase of shares in the Mahakam block. But about the numbers, Pertamina still silent.

PT Pertamina Persero to disclose the purchase of shares in the Mahakam block. But about the numbers, Pertamina still silent.

"I do not want to talk numbers, why should so much, why have so many. Whatever the outcome will be a new challenge for us. We will openly share purchase Mahakam block numbers for another month," Pertamina president director Karen Agustiawan in the Indonesia Economist Summit Hotel ShangriLa Confererence in Jakarta, Thursday (02/28/2013).

Currently, the Production Sharing Contract (PSC) working in the Mahakam block the TOTAL which partners with INPEX with a composition of 50 percent-50 percent, has invested at least 27 billion dollars, or about Rp 250 trillion.

Since the period of exploration and development has provided state revenues by 83 billion U.S. dollars, or around Rp 750 trillion.

Earlier, Minister of Energy and Mineral Resources (ESDM) Wacik PT Pertamina Persero wants to take over the shares in the Mahakam block. His wish could take about 40 percent.

"If Pertamina capable and have the money, we asked him to take 40 percent of it is good. But if you can 51 percent, that's even better," said Jero after following the meeting with Commission VII of the House of Representatives in Jakarta, Monday (02/18/2013 ).

Jero confirms move to prove that the oil and gas blocks should be annexed by Indonesia. This would indicate a sense of nationalism as the owner of one of the biggest oil and gas block in Indonesia. Therefore, the Mahakam block production sharing contract signed in 1967, and then extended in 1997 for a period of 20 years until 2017.

Exploration activities were conducted in 1967 discovered oil and gas reserves in the Mahakam block in 1972 in large enough quantities.

Reserves (a combination of proven reserves and potential reserves or known as 2P) earlier found that time amounted to 1.68 billion barrels of oil and gas reserves of 21.2 trillion cubic feet (TCF). "But about the exact numbers, it is still negotiated with the government and Pertamina., But certainly, we will prioritize our nationalism," he added.

Jero related requests to take oil and gas blocks is large enough, Jero wants Pertamina can hold the government to the private sector to be able to acquire the shares of the Mahakam block.