Wednesday, June 26, 2013 
<p>Amahl S. Azwar, The Jakarta Post, Jakarta | Business | Wed, June 26 2013, 10:54 AM</p><p>Paper Edition | Page: 13</p><p>PT Saka Energi Indonesia, subsidiary of publicly listed gas distributor PT Perusahaan Gas Negara (PGN), agreed to buy the participating interest of Kuwait Foreign Petroleum Exploration Company (Kufpec) in a gas field in East Java.</p><p>PGN corporate communications Ridha Ababil on Tuesday said the state-owned company's upstream arm would purchase Kufpec's 25 participating interest at the Ujung Pangkah block in Gresik, East Java for US$265 million.</p><p><a href="http://www.thejakartapost.com/news/2013/06/26/pgn-buys-kuwait-petroleum-s-assets-east-java.html">Keep reading...</a></p>
