The Jakarta Post
State oil and gas firm PT Pertamina says it plans to convert the Arun liquefied natural gas (LNG) plant in Aceh into a LNG receiving terminal when the plant’s gas reserves run out in 2014.
The company’s spokesperson, Mochamad Harun, told The Jakarta Post in a text message on Wednesday that the conversion would cost the company US$80 million, which would come from its own capital.
He said the receiving terminal would take 20 months to complete.
However, the company’s president director Karen Agustiawan said recently that Pertamina was still waiting to hold further discussions with the government about the post-2014 future of the plant.
She said that Pase Energy, a regional enterprise in Aceh, had proposed to play a role in the proposed receiving terminal project. However, she said, the final decision lay with the government.
“We’re fully open t...