Indonesia discovers oil, gas resources in Aceh as Covid-19 cases continue to rise

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JAKARTA, July 3 (Xinhua): The Aceh Oil and Gas Management Agency said Indonesia's province of Aceh has the potential to get new sources of oil and gas from the Singkil Block and Meulaboh Block on the southwest waters off the province.

"This is the result of a Joint Study Assessment conducted by an oil and gas company from Singapore, Conrad Petroleum in cooperation with indonesia's Universitas Pembangunan Nasional Veteran, and Jakarta-headquartered Frontier Point Ltd in cooperation with Trisakti University ," Antara news agency quoted an official statement from the agency.

Hafizh mentioned that this encouraging news is evidence that the upstream oil and gas industry in Aceh shows a positive trend indicating high interests of domestic and foreign oil and gas companies to invest in indonesia's westernmost province. Based on the results of the joint study, the potential for hydrocarbons is believed to be in the Offshore South West Aceh with an area of 8200 km2 and Offshore North West Aceh covering an area of 9200 km2, with an average geological risk from moderate to high especially in the source rock. Enditem

According to him, 901 more people were discharged from hospitals, bringing the total number of recovered patients to 27,568.

 

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