Observer: Indonesia Will Have to Begin Importing Gas in 2020  

Translator

Editor

Selasa, 23 Desember 2014 18:14 WIB

Fasilitas stasiun produksi yang berada di PT Pertamina EP Field Subang, Jawa Barat, (26/03). Subang Field memiliki 21 sumur yang memproduksi rata-rata 1.484 BOPD untuk minyak dan 255,612 MMSCFD untuk gas. Tempo/Amston Probel

TEMPO.CO, Jakarta - A member of the National Energy Agency (DEN), Rinaldy Halim, has predicted that Indonesia will have to start importing gas in 2020 because of the poor management of its oil and gas sector.


"By 2020, if Indonesia's long term contracts are not renegotiated, Indonesia will have to start importing gas," said Rinaldy at a book launch in Jakarta on Tuesday.


The former secretary general for Energi Terbarukan Indonesia said that at the current level Indonesia's exports still outweighed its imports.


According to Rinaldy, around 55 percent of Indonesia's gas exports are contracted to Singapore and Japan, while the rest are used to meet domestic demands. "However, as our domestic gas demands continue to climb, Indonesia will have to start importing gas from elsewhere, unless new reserves are found and properly utilized," he said.


As a result, Rinaldy called on the government to earmark more gas to meet the increasing demands—either by renegotiating the contracts or by exploring new gas fields.


"We have to extend the contract renegotiations. What we have successfully achieved in Tangguh needs to be continued, and we have to keep looking for new gas fields to meet demands," he said.


According to Rinaldy, the reduction of gas exports needs to be properly executed in order to meet both domestic demands, above all else. "Exports need to be curbed, because we need to prioritize domestic demands and our national reserves," he said.



ANTARA




Related News

Houthis Offer Education to Students Suspended in US Protest Crackdown

1 jam lalu

Houthis Offer Education to Students Suspended in US Protest Crackdown

Yemen's Iran-aligned Houthi militia is offering a place for students suspended from U.S. universities after staging anti-Israeli protests.

Read More

Jokowi Responds Positively on Prabowo's Presidential Club Initiative, Hopes it Can Be Done Every Two Days

2 jam lalu

Jokowi Responds Positively on Prabowo's Presidential Club Initiative, Hopes it Can Be Done Every Two Days

Indonesian President Joko Widodo or Jokowi has responded positively to the idea of the Presidential Club

Read More

Sam Ratulangi Manado Airport Is Still Closed Due to Ruang Volcano Eruption

3 jam lalu

Sam Ratulangi Manado Airport Is Still Closed Due to Ruang Volcano Eruption

Indonesia's Sam Ratulangi Manado Airport will temporarily be closed until Saturday, May 4 at 18:00 (GMT+8) due to the eruption of Mount Ruang.

Read More

China Launches Historic Mission to Retrieve Samples from Far Side of the Moon

4 jam lalu

China Launches Historic Mission to Retrieve Samples from Far Side of the Moon

China on Friday, May 3, launched an uncrewed spacecraft on a nearly two-month mission to retrieve rocks and soil from the far side of the moon.

Read More

Indonesia to Permanently Relocate 10,000 People after Ruang Volcano Eruptions

5 jam lalu

Indonesia to Permanently Relocate 10,000 People after Ruang Volcano Eruptions

The Indonesian government will permanently relocate almost 10,000 residents after a series of explosive eruptions of the Ruang volcano.

Read More

Boeing Sending First Astronaut Crew to Space after Years of Delay

15 jam lalu

Boeing Sending First Astronaut Crew to Space after Years of Delay

Boeing is poised to send the first Starliner space capsule with a crew of humans into orbit next week.

Read More

Thomas Cup 2024: Indonesia Advances to Semifinals after Beating South Korea 3-1

15 jam lalu

Thomas Cup 2024: Indonesia Advances to Semifinals after Beating South Korea 3-1

Fajar Alfian / Daniel Marthin pair took Indonesia to the semifinals of the Thomas Cup 2024 by defeating South Korea's Ki Dong Ju / Kim Won Ho.

Read More

Sri Mulyani: Rupiah Weakens, Still Better Than Baht and Ringgit

16 jam lalu

Sri Mulyani: Rupiah Weakens, Still Better Than Baht and Ringgit

Finance Minister Sri Mulyani Indrawati said the rupiah exchange rate depreciated by 2.89 percent year-to-date (ytd) in the first quarter of this year.

Read More

Pro-Palestinian Protesters Camp Across Australian Universities

16 jam lalu

Pro-Palestinian Protesters Camp Across Australian Universities

Similar camps have sprung up at universities in Melbourne, Canberra, and other Australian cities.

Read More

Indonesia Health Minister Responds to AstraZeneca Rare Side Effect

17 jam lalu

Indonesia Health Minister Responds to AstraZeneca Rare Side Effect

Health Minister Budi Gunadi Sadikin comments on the issue of rare side effects of the AstraZeneca vaccine.

Read More