“Shell Offered $1.4 Billion for Block Masela – Indonesian Government Threatens Termination”
Jakarta – Shell is said to have set a high price to relinquish its participation rights in Block Masela, reaching US$ 1.4 billion or Rp. 21 trillion (exchange rate of Rp. 15,000). In fact, the most expensive price offered by Shell should be US$ 700 million or Rp 10.5 trillion. Secretary General (Sekjen) of the … Read more