Indonesia to offer 12 oil, gas blocks this year
Indonesia will offer 12 oil and gas blocks for auction in 2022, the country energy ministry said on January 19.
The government expects oil and gas business activities to improve this year with the sector likely to see an investment of $17bn.
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The development of oil and gas grid will also be a focus area this year, the ministry said. The plan is to connect 40,000 houses to the gas grid, it added.