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    Pertamina Looking for African, Australian LNG

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Summary

Indonesia’s Pertamina plans to import liquefied natural gas (LNG) from Africa and Australia starting next year to cope with growing energy demand in the domestic market.

by: Shardul

Posted in:

Asia/Oceania

Pertamina Looking for African, Australian LNG

Indonesia’s Pertamina plans to import liquefied natural gas (LNG) from Africa and Australia starting next year to cope with growing energy demand in the domestic market.

The import quantity is likely to be one million ton per annum (mtpa) from both Africa and Australia, company’s vice president for commercial and business development, Djohardi Angga Kusumah, said, Jakarta Post reported.

The total of 2 mtpa of LNG would be delivered to the West Java floating storage and regasification unit (FSRU) until other LNG receiving terminals had been built, he added.

The name of the African country or the Australian firm was named but the deal could be for a period of ten years.

“From 2013 to 2016, the imported gas will be used to fulfill domestic demand, but starting in 2017, we will let our allocation be taken by other buyers as I predict we will have supply from domestic gas fields,” Jakarta Post reported him as saying.

In 2017, Indonesia is expected to receive additional LNG supply from the expansion of the Bontang LNG plant in East Kalimantan and the operation of the third production facility at the Tangguh LNG plant in Papua.