The HoA aims for three months feasibility study by Daqing on the fields offered by Pertamina. Pertamina expects Daqing to bring investment proposal post the study.

The HoA may produce a contract for further development of the oilfield. There will be special President Decision issued for the contract.

Unfortunately, Pertamina did not disclose details of cooperation between the two companies. (bintang@theindonesiatoday.com)