Regarding The Fate Of The Tuna Field After Being Left Behind By The Russian Oil And Gas Giant, SKK Migas: Many Of Its Substitutes Are Queuing

Illustration (Photo: Doc. Antara)

JAKARTA - The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) provides an explanation of the fate of the Tuna Block after being left by the Russian oil and gas giant, ZN Asia Ltd.

It is previously known that ZN has relinquished his participation rights to the Tuna Field due to Western sanctions due to the Russia-Ukraine Geopolitical Conflict

Deputy Chairman of SKK Migas Nanang Abdul Manaf explained that currently many companies are asking to replace ZN and partner with Harbour Energy.

"There are many replacements, dozens. The ones who are dizzy are now Harbour. It's sad to choose which company is suitable (to replace ZN)," he told the media, Thursday, August 24.

Nanang added that for now the right to fully vote is under the authority of Harbor Energy. Nanang hopes that Harbor will soon find a replacement for ZN because previously the development plan or Plan of Development (PoD) of the two companies had been completed, but ZN was sanctioned.

"The Tuna Field POD has been completed, suddenly there was a political conflict so that the company from the west sanctioned Russia. Transactions are not allowed at all, let alone partnered. That is what forced ZN as the holder of the 50 percent PI to resign," explained Nanang.

If later the Tuna Block has started operating, he continued, the plan is for gas commercialization to be carried out in Vietnam.

Just so you know, Vietnam is the closest country to the Tuna Block so that it can reduce the cost of lifting gas shipments.

"The distance to the domestic market is 600 km of pipes but if we withdraw it to existing production facilities (in Vietnam) there are only 20 km, that's the choice of coincidence, we also have a good bilateral with Vietnam," concluded Nanang.