Representatives from Belorusneft, an industrial group in Belarus, began studying the potential to use modern oil-recovery enhancement techniques in Indonesia, the group said Monday.
Belorusneft and Indonesian officials signed a confidentiality agreement regarding their separate studies on the matter during a recent visit to the Indonesian state oil and gas company Pertamina. After Belorusneft specialists finish their study, both sides intend to carry out joint research to make a final evaluation.
If a venture is deemed viable, a pilot project will be launched. If not, Indonesia intends to find another resource for use with modern Belarusian technology.
Belorusneft focuses on surveying and developing oil fields, including drilling and other activity associated with the extraction and refinement of petroleum. The group is currently involved in petroleum activity in Russia, Ukraine, Ecuador and Venezuela.
Pertamina is considered one of the largest producers of natural gas in liquid form.