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gas-price

Regulations 4 days ago

PREMIUM
Local ceramic makers demand priority access to natural gas supply

Gas utilization in the first quarter stood at 70-72 percent, below its 80 percent target and slightly lower than the 73 percent recorded in 2025, industry players said.

Regulations 1 year ago

PREMIUM
Businesses raise concerns over delayed affordable industrial gas extension

Without the cap, seven industries would need to pay for gas at a much higher market rate.

Companies 2 years ago

PREMIUM
PGN awaits regulator’s clarity to secure more gas supply

State-owned gas distribution company PGN awaits clarity on the amount of gas volume and costs from the Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) to secure long-term gas supply for buyers amid a supply decline from PT Medco Energi Internasional’s Corridor Block.

Regulations 2 years ago

PREMIUM
Industries demand certainty on gas prices

Representatives of gas-intensive industries have urged the government to ensure sustainable supplies of below-market gas prices for manufacturers.

Economy 3 years ago

Energy crisis chips away at Europe's industrial might

Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering – demand for natural gas and electricity both fell in the past quarter.

Europe 4 years ago

Belgium takes up baton to seek gas price cap

EU countries have already poured billions of euros into tax cuts and subsidies to combat surging energy bills - but with gas prices jumping to fresh records following Russia's invasion of Ukraine, countries are seeking extra options.

Markets 4 years ago

Natural gas prices rocket to records on supply fears

Europe and UK natural gas prices soared to record highs Monday on fresh supply fears after the United States proposed an embargo on Russian crude oil.

Business 5 years ago

PGN signs deal with two fertilizer producers for cheap gas

Two of Indonesia’s biggest fertilizer producers have signed deals to receive cheap natural gas as part of a long-delayed government incentive to push industry growth.

Indonesia 5 years ago

PREMIUM
Cheap gas incentives to cost government Rp 121.78 trillion in forgone revenue

With the cheap gas incentives, seven gas-intensive industries can buy natural gas at $6 per million British thermal units (mmbtu), below the average $8 per mmbtu

Business 6 years ago

Jokowi aims to strengthen local iron and steel industry to curb imports

Imports of iron and steel amounted to US$10.39 billion last year, slightly up 1.42 percent year-on-year (yoy), Statistics Indonesia data show.

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