Jakarta is preparing to bolster its maritime security defences in the Natuna Sea, which is rich in fisheries and natural gas, after increasing incursions by Chinese vessels within Indonesia’s exclusive economic zone (EEZ). The news should provide some comfort to upstream oil and gas investors operating in the Natuna Sea.
The announcement of the strategic defence project follows recent reports that Chinese vessels have been operating close to Harbour Energy’s (LON:HBR)
Jakarta beefs up defences in Natuna Sea after China meddles in Harbour Energy block