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Economy 2 years 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.
Regulations 2 years ago
PREMIUM
Govt to extend industrial subsidy for natural gas
The government has decided to extend the 2020 subsidized natural gas program for industries and is also mulling over expanding eligible industry categories, although IPGI has asked that the program be evaluated since it benefited only downstream businesses.
Politics 2 years ago
PREMIUM
Ex-Pertamina head considers appealing prison sentence in LNG corruption case
On Monday, a panel of judges with the Jakarta Corruption Court found Karen guilty of corruption related to LNG purchases from United States-based firm Corpus Christi Liquefaction, which reportedly resulted in Rp 1.8 trillion (US$109 million) in state losses
Companies 2 years ago
PREMIUM
SKK Migas urges INPEX to speed up Masela LNG development
Indonesia's SKK Migas is pushing Japan's INPEX to accelerate development of the Masela Abadi LNG project so it goes onstream as scheduled in late 2029, if not earlier, following decades of delays since the initial contract was inked in 2011.
Regulations 2 years ago
PREMIUM
RI approves $34.74 billion Masela Block investment plan
The government has approved the revised plan of development (POD) for the Abadi liquefied natural gas (LNG) project in the Masela Block, which includes a carbon capture storage (CCS) facility slated to begin operations in 2030.
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