Government is advised to provide oil and gas contract which expired of period contract to the national company.

On the other hand foreign companies still have the opportunity to invest in oil and gas blocks that require high technology such as deep sea, according to Professor of Engineering Faculty of Mining and Petroleum Bandung Institute of Technology Widjajono Partowidagdo .

Previously, the Directorate General of Oil and Gas Ministry of Energy and Mineral Resources Evita H Legowo said, there were six blocks of contract would soon expire.

The oil and gas blocks include Block A (Nanggroe Aceh Darussalam) managed by PT Medco EP Indonesia (2011), Mahakam Block (East Kalimantan) Total EP Indonesia (2017), South and Central Sumatra, Indonesia Medco EP (2013), West Madura Offshore Kodeco Energy Ltd (2011), East Java Sea Gull Bawean Resources Canada Inc. (2011), Onshore & Offshore Madura Strait Area (East Java), Husky Oil Ltd. (2012).

According to Evita, five of whom have filed a contract extension. However, until recently the government has not decided about the status of the extension of contracts.

Source : Seputar Indonesia Pagi, August 10, 2010