Mako Gas Field Development Project
Sector: Raw Materials • Location: Indonesia
Source: Energies Media
Conrad Asia Energy is moving towards a final investment decision for the Mako gas field development in Indonesia after signing a deal with PT Nations Natuna Barat to farm out a 75% stake. PT Nations Natuna Barat will provide all the required funds for the development costs and will pay Conrad's subsidiary, West Natuna Exploration Limited (WNEL), $16 million over three phases. WNEL will retain a si
- Status
- Prospective
- Sector
- Raw Materials
- Location
- Indonesia
- Updated
- 22 Jul 2026
- Source
- Energies Media
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Conrad Asia Energy is moving towards a final investment decision for the Mako gas field development in Indonesia after signing a deal with PT Nations Natuna Barat to farm out a 75% stake. PT Nations Natuna Barat will provide all the required funds for the development costs and will pay Conrad's subsidiary, West Natuna Exploration Limited (WNEL), $16 million over three phases. WNEL will retain a significant interest and operate the Duyung Production Sharing Contract, repaying its interest through production revenues under a Carry Loan Agreement. |
Original sector | Energy |
Location
Country | Indonesia |
Source
Source | Energies Media |
URL |
More Details
Record type | Project |
Sector | Raw Materials |
Article published date | 2025-12-01 |
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