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Jakarta Post

Pertamina to build a $200m LNG terminal in East Java

  • Alfian

    The Jakarta Post

Jakarta   /   Tue, January 19 2010   /  10:17 am

State oil and gas company PT Pertamina plans to build another liquefied natural gas (LNG) receiving terminal in East Java with a required investment of about US$200 million, president director Karen Agustiawan said on Monday. “The terminal will be a floating LNG terminal with a [receiving] capacity of about 500 million
cubic feet,” said Karen, adding that Pertamina would build the terminal alone. The terminal is part of the government’s program to provide gas infrastructure to anticipate higher domestic demand, especially from the electricity sector. Aside from the East Java terminal, Pertamina is also in talks with state gas distributor PT PGN to build an LNG terminal located in West Java. PGN’s president director Hendi P Santoso said that Pertamina would hold a 60 percent stake in the proposed project. Karen said the West Java LNG terminal would have the same capacity and n...