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    Platts: Indonesia to Streamline LNG Approval Process

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Summary

Indonesia is attempting to streamline its approvals process for sales and purchases of both LNG and gas, Dr Widhyawan Prawiraatmadja, special adviser to the energy and mines minister and head of the ministry's Performance Management Unit, said Wednesday.

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Asia/Oceania

Platts: Indonesia to Streamline LNG Approval Process

Indonesia is attempting to streamline its approvals process for sales and purchases of both LNG and gas, Dr Widhyawan Prawiraatmadja, special adviser to the energy and mines minister and head of the ministry's Performance Management Unit, said Wednesday.

Speaking at the LNG Supplies for Asian Markets conference in Singapore, Prawiraatmadja outlined the new government's plans for Indonesia's energy policy, which have already begun to take effect.

Under the current policy, which Prawiraatmadja termed "restrictive," numerous LNG cargoes that had been awarded through tenders from liquefaction terminals operated by state-owned Pertamina had failed to load in recent months.

"We are creating a one-stop service for the approval process," Prawiraatmadja said. MORE