A MOU signing ceremony between POSCO International and state-owned oil and gas company Pertamina Hulu Energi (PHE) held in Tangerang, Indonesia. [Courtesy of POSCO International]South Korea's POSCO International Corp. is set to challenge the gas exploration market in Indonesia by securing operating rights in a promising gas field with high exploration potential.Following the success of its Myanmar gas project, which accounts for 30 percent of the company's operating profit, POSCO International aims to replicate this achievement in Indonesia.

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