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Economy 1 year ago
PREMIUM
Govt scrambles to secure natural gas as output falls, demand rises
The government is mulling over several measures to secure natural gas supply for industries and households, including potentially allowing imports, amid declining domestic production and a projected rise in demand.
Front Row 1 year ago
PT Samator Indo Gas AGMS approves dividend distribution totalling Rp 33.1 billion
On Monday, the largest Indonesian industrial gas company, PT Samator IndoGas Tbk (AGII) held its Annual General Meeting of Shareholders (AGMS) for their financial year of 2023 at the Westin Jakarta.
Economy 2 years ago
PREMIUM
End of natural gas subsidies could mean more fertilizer subsidy spending
Allowing natural gas subsidies for industry to lapse could cause fertilizer subsidy spending to increase, state-owned fertilizer holding company PT Pupuk Indonesia told lawmakers on Wednesday, noting that natural gas was key to making fertilizer.
Jakarta 2 years ago
PREMIUM
Drivers of once iconic 'bajaj' struggle to make ends meet
Drivers of the three-wheeled taxis, once iconic and practical transportation in cities across the nation, are struggling to find passengers in Jakarta with the ongoing expansion of the TransJakarta BRT (bus rapid transit) and the revival of angkot (public minivans).
Markets 2 years ago
PREMIUM
Miners shift to LNG for smelters amid mounting ESG pressure
The general trend in switching to LNG as a so-called bridge fuel is a cautionary tale, say experts, given the country's declining reserves and the fact that natural gas is still a fossil fuel, albeit with lower emissions.
Companies 2 years ago
Eni boosts Indonesia exposure with big gas discovery
Italian energy group Eni announced on Monday a big gas discovery in Indonesia, opening the door to a strengthening of its position in the Asian country, where it has been present since 2001 with a portfolio of exploration and production assets.
