PRESS DIGEST-Indonesian Business News - May 14

Following are the leading business stories in the main Indonesian newspapers on May 14.

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JAKARTA POST

- THIRTEEN NEW OIL FIELDS WILL HELP SECURE OUTPUT TARGET

Thirteen new oil and gas blocks that will start operating this year will help Indonesia secure its oil lifting target of 927,000 barrels per day, the country's oil and gas watchdog, BPMigas, said.

- TIMOR SEA GAS BLOCK A 'HUGE' FIND

BPMigas said the Masela Timor Sea gas block in East Nusa Tenggara has 10 trillion cubic feet of reserves, which will make it the country's second-largest gas block after Tangguh in Papua.

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