Pertamina needs more LNG to meet demand

NLNG exports19 March 2014, News Wires – Indonesia’s state-run Pertamina will need at least three million tonnes of liquefied natural gas per annum to meet demand for four terminals from 2016.

Antara news agency quoted Pertamina’s director for gas affairs Hari Karyuliarto as saying the company wanted the gas to come from domestic sources.

“We will give priority to domestic sources, although we will also keep open the option to import,” he was quoted as saying, adding that LNG will be imported as long as its price is lower than that in the domestic market.

Hari said it was currently estimated the company would need to import about 2 million tpa of LNG to meet demand, adding it was currently looking at companies in the US and Africa for the imported gas.

The four terminals include three floating storage and regasification units located in the Jakarta waters, Semarang and Cilacap, while the fourth is the Arun LNG terminal in Aceh.


– Upstream

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