According to Yahoo!Finance News:
JAKARTA, Aug 28 Asia Pulse – State-owned electricity company PLN wants to import 4 million tons of liquefied natural gas (LNG) from Iran to supply an LNG terminal to be built in Cilegon, Banten.
A PLN Director Ali Herman Ibrahim said negotiations with Iran are now in progress after failing to secure supply from Qatar.
Approaches have also been made with other countries in Middle East, Ali said, adding negotiations with Qatar ended in failure as that country plans to cut its output in a bid to push up the price.
PLN will needs LNG supply to feed its power generating plants now are facing a deficit of around 30 cubic feet per day.
The LNG terminal to be built in the Bojonegara port town will have the capacity of 400 mmscfd.
- I cannot hold it any more, Indonesia need to import natural gas?? HOLY!!! To think the OPEC country Indonesia that have 22 years contract to export Natural Gas to Singapore via PNG have to import Natural Gas and for their own power generating plants??
This is serious!! What will be the implication here? Iran supplying Natural Gas to Indonesia!
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