Tuna17 Mar 2024 10:15
This was from July last year. Hopefully someone wants their share and we can get cracking…..
“Russia’s state-owned oil and gas operator Zarubezhneft is working on an exit plan from Harbour Energy's Tuna oil and gas project offshore Indonesia — the UK operator has cited difficulties in working with its Russian partner because of international sanctions against the country and its corporations.
“Zarubezhneft will farm out, it is being processed. Of course, Harbour will [need a] new partner, but we do not know yet who will that be," Benny Lubiantara, a senior official at Indonesia's upstream regulator SKK Migas, told a press conference, Reuters reported.
Zarubezhnefts' decision comes despite Moscow maintaining close ties with Indonesia, which did not join the international sanctions that were introduced after Russia invaded Ukraine in February 2022.
Indonesia is thus not on the Kremlin's list of more than 50 nations that it describes as “unfriendly”, with bank payments and other transactions between the two countries remaining outside the restrictions passed by Russia in response to the sanctions. Russia also maintains scheduled flight connections with the Indonesian capital Jakarta.
In March, Harbour acknowledged that Tuna’s development has been impacted by EU and UK sanctions “which limit our ability as operator to provide certain services to our Russian partner in the Tuna licence”.
“We are working with our partner to reach a solution to enable us to progress the project in 2023,” Harbour said at the time”
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