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Jakarta Post

Pertamina finds local buyers for LNG

  • Nani Afrida

    The Jakarta Post

Jakarta   /   Sat, January 23 2010   /  12:48 pm

State oil producer PT Pertamina has found buyers for liquefied natural gas (LNG) that will be channeled through a planned floating terminal in Teluk Jakarta bay, which is scheduled for construction this year. Dahlan Iskan, the newly appointed president director for state power company PT Perusahaan Listrik Negara (PLN), said Friday his company would be the biggest buyer of LNG from the terminal. "In 2011 we require huge amounts of LNG to fuel our power gene-rators and we will probably absorb 80 percent of LNG supplied through the floating terminal," Dahlan said. "State fertilizer company PT Pupuk Kujang will absorb 18 percent of supply from the LNG terminal," said Evita H. Legowo, director general for oil and gas at the Energy and Mineral Resources Ministry on the same day via text message. The LNG terminal in Teluk Jakarta bay will be a joint venture between Pertamin...