Indonesia May Limit Gas Exports

Indonesia may limit the amount of natural gas which the country exports as the domestic demand of the commodity rises, Xihnua news agency reported.

"The government will be careful in deciding on the amount of natural gas for new export contracts. Let's not make it too much because domestic industries also need it," Energy and Mineral Resources Minister Jero Wacik was quoted by the Jakarta Post as saying.

According to Jero, domestic consumers are now able to buy more than 50 percent of the 7,500-8,000 million standard cubic feet per day (MMSCFD) of gas production at economic prices.

The government would also continue to improve infrastructure construction for better domestic gas distribution, he said.