Indonesia to offer 50 oil-gas blocks, 10 CBM in 2011 - Ministry

JAKARTA | Fri Dec 31, 2010 2:17am EST

JAKARTA Dec 31 (Reuters) - Indonesia plans to offer 50 oil and gas blocks as well as 10 coal bed methane blocks in 2011 to investors as the country seeks to boost investment in the sector, The energy ministry in a statement on Friday.

The energy ministry will offer 39 oil and gas blocks via tender and the reminder through direct offer, the ministry said.

(Reporting by Telly Nathalia and Rieka Rahadiana; Writing by Fitri Wulandari)

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