Conrad Asia Energy looking at the purchase of the domestic portion of Mako gas [Video]

Conrad Asia Energy has entered into binding Key Terms for the sale and purchase of the domestic portion of Mako gas with PT Perusahaan Gas Negara Tbk the gas subsidiary of PT Pertamina the national oil company of Indonesia. Under these binding Key Terms, Conrad and PGN will agree in good faith and sign a fully termed Gas Sales Agreement for the domestic portion of the gas produced from the Mako field located in the Duyung Production Sharing Contract in the West Natuna Sea, offshore Indonesia.

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