(Corrects headline to include sourcing, clarifies that
regulator wants Exxon to replace local CEO, not Exxon plans to
JAKARTA Jan 28 ExxonMobil Indonesia's
Cepu block will likely not reach full production until August or
September 2014, behind the initial schedule for May 2014, an
official from the oil and gas regulator told Reuters on Monday.
"Initially we were expecting the project would deliver
(full) production in May 2014, but I'm not sure if we can
deliver it in May or not ... Probably going up to August or
September," said Gde Pradnyana, operations controller at the
Cepu is producing 24,000 barrels per day and its target
production of 165,000 is hoped will boost Indonesia's dwindling
Separately, the regulator for the first time confirmed
reports in local media that it would not renew the work permit
for Exxon Mobil's local chief executive, Richard Owen.
"He's been here for one year and we think it's probably
better for Exxon to nominate somebody else, to replace him,"
Exxon representatives were not immediately available to
comment on Monday.
Pradnyana said Cepu was a top priority for the government,
and that its management and delays in production were one of the
reasons why the regulator had decided not to extend Owen's work
(Reporting by Fergus Jensen; Editing by Simon Webb and Mark