[270311.ID.BIZ] Indonesia To Build Eight LNG Receiving Terminals

Jakarta: Indonesia's state oil firm Pertamina and state power firm PLN announced Thursday that they plan to build eight mini LNG receiving terminals in eastern Indonesia. The terminals will have a total capacity of 1.4m tonnes a year.

“I expect the projects will secure gas supply for PLN's operations in eastern Indonesia and will be part of a more integrated gas business for PLN's interests,” said Karen Agustiawan, Pertamina's chief executive.

The two companies will carry out pre-feasibility studies for the projects and the first phase of building for four terminals may start by the end of 2012. All the eight terminals are expected to come onstream by 2015. Indonesia is the world's third largest exporter of LNG, after Qatar and Malaysia.

Source : STA, 25.03.11.