RealNews

Indonesia buys stake in Sudanese oil, gas block

Indonesia’s state oil and gas firm, Pertamina, has taken a 15-percent stake in an oil and gas block in Sudan, its spokesman said Friday. Toharso, Pertamina’s spokesman, said that the firm was in a joint partnership to explore the block over the next four years with China National Petroleum Company (CNPC) as its main partner, along with Sudan’s national oil company Sudapet, and three other companies with smaller stakes. Full Story

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