ConocoPhillips could struggle to find buyers for Indonesia assets worth $1.5bn

  • Date: 11-Jun-2021
  • Source: Energy Voice
  • Sector:Oil & Gas
  • Country:Gulf
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ConocoPhillips could struggle to find buyers for Indonesia assets worth $1.5bn

ConocoPhillips is seeking to sell its share in the giant Corridor onshore gas block in Indonesia estimated to be worth more than $1.5 billion. However, given the scale of the project and uncertainties around its future, the US major could struggle to find a buyer.

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