Emirati Mubadala Energy has signed an initial agreement with Indonesia’s state-owned fertilizer producer, Pupuk Indonesia, to supply natural gas, Reuters reported, citing Paul Slinger, the Head of Communications at Mubadala Energy.
He explained that natural gas will be supplied once production begins at Mubadala Energy’s South Andaman Block, starting with the Tangkulo-1 well, which is expected to start production by late 2028.
Mubadala Energy announced the exploration of this well last year, revealing an estimated potential of over 2 trillion cubic feet (tcf) of gas in place.
It followed another discovery at the Layaran-1 well, within the same block, with the potential for more than 6 tcf of gas in place.
Mubadala Energy is a leading international energy company. It has assets and operations in 11 countries, with a primary geographic focus on the Middle East and North Africa (MENA), Russia and Southeast Asia.