SURABAYA (Yosefardi) – Dutch-based oil and gas company Royal Dutch Shell Plc is committed to invest US$25 billion in Indonesia for 10 years, mainly allocated for Masela block in Maluku and other areas in the country, Investor Daily reported this morning.
Shell has invested in Indonesia for 130 years, starting 1880, firstly operated in Pangkalan Brandan, South Sumatra. Shell is now proposing the extension of contract for Masela block.
Shell also now help Indonesia to convert fuel for ships to gas from previous diesel.