RE: Duyong PoD in next two weeks7 Feb 2019 14:49
and this
Radian, General Manager of Conrad Petroleum business unit Indonesia, said the change in the contract regime was based on management's expectations to speed up the preparation time for operations.
"Speed ??up for our operations.
The processing process is not too long and it is also easier, especially we are small-medium companies, "said Radian.
He hopes that PoD can truly be realized in the near future, so that the next stage can be immediately executed.
Radian ensures that gas buyers already exist and are at the price discussion stage. Conrad Petroleum has prepared an investment plan of US $ 150 million and targets gas to spray at the latest 2022.
"Our construction will be delivered in 2021. In 2020, the final Investment Decision (FID) will be onstream between 2021-2022," Radian said. (RI