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Jakarta Post

Senoro, Matindok fields may contain less gas than estimated

  • Alfian

    The Jakarta Post

Jakarta   /   Thu, April 23 2009   /  02:08 pm

A consortium seeking to build a liquefied natural gas (LNG) plant in Senoro, Central Sulawesi, may have to put its plan on hold, with official studies showing proven gas reserves in the Senoro and Matindok fields are lower than earlier estimated. The consortium comprises state oil and gas firm PT Pertamina, Medco E&P and Japan's Mitsubishi Corp. Energy and Mineral Resources Minister Purnomo Yusgiantoro said Wednesday state-owned oil and gas research and development center (Lemigas) had found gas reserves in the fields were lower than the consortium's earlier estimate of 2.4 trillion cubic feet (tcf). "We are now waiting for the operators to decide whether they still want to develop the project with the lower proven reserve," he said, adding that upstream oil and gas operator BPMigas would discuss the matter further with the three companies. Purnomo did not give detail...