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View all search resultsThe European Union will seek more gas from countries including the United States to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU's energy commissioner has said.
Importing liquefied natural gas (LNG) may be a costly and destabilizing strategy for emerging economies like Indonesia, undermining efforts to adopt renewable energy and achieve energy self-sufficiency, experts say.
Industry association Asaki has made its case at a meeting with House Commission VI on Monday, saying that PGN's move in August to cut the subsidized gas allocation to just 50 percent had led to increased costs for producers, as they had to source additional supplies at market prices.
The issue of national food security has become increasingly concerning, with skyrocketing food price inflation amid overall low inflation and a rising amount of rice imports. In response, the government has started many initiatives, including extending fixed prices of natural gas for fertilizer, and increasing the budget for the fertilizer subsidy to strengthen the nation’s food security.
National food security remains a strategic issue continuously discussed by various stakeholders. The complexity of food management from the central to regional levels, cross-sectoral dynamics, and the relationship between energy security and agricultural productivity all influence Indonesia's food security.
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.
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.
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