Indonesia: Pertamina in talks to up interest in Algeria’s oil block

Indonesia: Pertamina in talks to up interest in Algeria’s oil block

Photo by Pertamina

Indonesian state-owned oil and gas firm Pertamina is aiming to increase its participation rights in Algeria’s Menzel Lejmat North (MLN) oil block. The company is in negotiations to take over 35 per cent stakes owned by Spanish energy company Repsol, but has not reached any deal, according to a spokesperson.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter