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Indonesia Offers More Energy Blocks
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Overview
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Indonesia plans to offer more energy blocks in North Sumatra following a significant discovery by Mubadala Energy. The Layaran-1 well in the South Andaman Block was found to have over 6 trillion cubic feet of gas, making it the world's second-largest deep water discovery last year.
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How could this development affect the global energy market and the competition among energy companies?
How might the expansion of energy blocks impact the gas production in North Sumatra?
What are the potential economic implications of the significant gas discovery by Mubadala Energy?
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