Arab Today, arab today indonesia expand oil business to nigeria
Last Updated : GMT 18:33:13
Arab Today, arab today
Arab Today, arab today

Indonesia expand oil business to Nigeria

Arab Today, arab today

Arab Today, arab today Indonesia expand oil business to Nigeria

Jakarta - XINHUA

The Indonesian government is exploring the possibility to expand oil and gas business to Nigeria in a bid to boost its oil outputs, a minister said here on Friday. Indonesian Coordinating Minister for Economy Hatta Rajasa said that Nigeria is an oil-rich country and one of Indonesia oil and gas firms may purchase oil field in the western African country. \"Nigeria is a country which is rich in oil. We want to have an oil block there,\" Hatta said, quoted by detik.com, one of the leading news portals in the country. Indonesian President Susilo Bambang Yudhoyono just visited Nigeria during his tour to African and Middle East countries in recent days. Both Indonesia and Nigeria agreed to boost economic ties, including cooperation on energy sector. Indonesia has striven to raise oil production which has been dwindled in recent years due to aging wells and lack of fresh investment. The country\'s proven oil reserve is 4,303.10 million stock tank barrels (MMstb) and potential oil reserve stands at 3,695.49 MMstb, along with a proven gas reserve of 107.34 trillion standard cubic feet (TSCF) and a potential gas reserve of 52.29 TSCF, according to oil and gas watchdog BPMigas.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia expand oil business to nigeria Arab Today, arab today indonesia expand oil business to nigeria

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia expand oil business to nigeria Arab Today, arab today indonesia expand oil business to nigeria

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 05:10 2017 Wednesday ,14 June

Oil prices edge down

GMT 05:22 2017 Tuesday ,13 June

Oil rises as investors buy into US crude

GMT 15:11 2017 Saturday ,10 June

Oil prices steady despite supply glut

GMT 14:28 2017 Sunday ,04 June

Kuwait oil price down 52 cents to USD47.83 pb

GMT 23:44 2017 Saturday ,03 June

OPEC daily basket price for Tuesday, 30th May 2017
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday