Indonesia to further postpone export of LNG to Japan and South Korea

Nov 04, 2004 01:00 AM

Indonesia will likely fail again to meet its contract to export around 15 mm cf of LNG to Japan and South Korea next year due to a shortage of gas supply in the country.
Rachmat Sudibjoa, the head of the oil and gas regulating body BP Migas, said his office is seeking to discuss that matter with the buyers in the two countries.

Similar circumstances have led to the state-owned oil and gas company postponing shipment of LNG in the past. Rachmat said gas supply at the Arun LNG plant in Aceh fell short of requirements while demand grew on the domestic market.
The supply shortage is tied-in with the government's promise to meet gas requirements of local fertilizer plants, Rachmat acknowledged.

The government has been under pressure to increase the gas supply to its urea fertilizer plants, including PT Asean Aceh Fertilizer (AAF).
AAF has not been operational for the past year due to a shortage of gas supply.

Source: Asia Pulse
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