REPUBLIKA.CO.ID, JAKARTA -- Energy and Mineral Resources Minister Ignasius Jonan has approved three new gross split contracts for three oil and gas blocks under production sharing contracts. The contracts will expire in 2019.

The operation of the three oil/gas blocks will be resumed under gross split contracts - two by contractors affiliated to the state-oil and gas company PT Pertamina, and one will be an extension of the contract by the old contractors.

One of the contracts is for Jambi Merang concession to be operated by PT Pertamina Hulu Energi Jambi Merang with 10 percent participating interest for BUMD (company owned by regional administration).

The Jambi Merang concession is still operated by its old contractor JOB Pertamina - Talisman Jambi Merang with contract to expire in 9 February 2019.