Dwindling LNG supply to drive electricity prices up
The Jakarta Post, Jakarta | Wed, 01/19/2011 12:47 PM
State-owned power firm (PLN) primary energy director Nur Pamudji said Wednesday that with his company’s dwindling stock of liquefied natural gas (LNG) it would soon be forced to use crude oil to fuel Indonesia's power plants — a shift that could increase the baseline price of electricity.
On average, most Indonesian power plants require enough fuel to provide 1.000 billion british thermal units per day, but the dwindling LNG supply could only provide 802,74 BBUTD — not enough to fulfill the ever-increasing power demand in Indonesia, metrotvnews.com reported Wednesday.
The baseline price of electricity generated with LNG-powered plants averages at around Rp 500 per kilowatt per hour (kwh), whereas that generated with crude oil could be up to Rp 2,000 per kwh.
