Indonesia has restarted its US$3 billion Tuna gas field project in the South China Sea, a move that could test its relationship with Beijing. The project, now operated by Indonesian company Prime Group, involves Russian state-owned oil company Zarubezhneft as a partner. This restart comes despite previous objections from Beijing regarding drilling activities in the area, which Indonesia maintains is within its exclusive economic zone. The project is set to resume early engineering work in September, though the government aims to keep its revival low-profile amidst potential complications from sanctions on Russia and uncertainty over Indonesia's policy towards China. AI
RANK_REASON Geopolitical energy project restart with international implications. [lever_c_demoted from significant: ic=1 ai=0.1]
- Beijing
- Harbour Energy
- Indonesia
- Jakarta
- Prabowo Subianto
- Prime Group
- South China Sea
- Tuna field
- Zarubezhneft
- ZN Asia
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