Medco E&P Natuna Energy has invested nearly IDR10 trillion (approximately US$607 million) in developing the Forel and Terubuk oil fields in Natuna, Riau Islands, according to Indonesia's Energy and Mineral Resources Ministry. These fields are projected to produce around 20,000 barrels of oil and 60 million standard cubic feet of gas per day. The project, which employs local workers and boasts nearly 100% domestic content, is seen as a major step toward strengthening national energy security. President Prabowo Subianto officially inaugurated the fields on May 16, 2025, marking them as the first oil and gas projects launched during his administration. He hailed them as significant milestones in Indonesia’s journey toward energy self-sufficiency and emphasized the crucial role of technological mastery and local expertise in elevating the nation’s global standing.Source: https://en.antaranews.com/news/355489/investment-in-forel-terubuk-oil-fields-at-rp10-trillion-ri-govt (ICE GIACARTA)

Fonte notizia: ANTARA NEWS, 16 May 2025