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New Gas Supply, PLN Saves US$630,000 Daily  

20 October 2014 19:00 WIB

Kilang gas PT Arun LNG di Lhokseumawe, Aceh. TEMPO/Marifka Wahyu Hidayat

TEMPO.CO, Jakarta – State power company PT PLN (Persero) and Tangguh Refinery manager BP Berau Ltd. signed a gas sale and purchase agreement with a contract period of 19 years. The contract gives PLN a supply of about 420 cargoes of liquefied natural gas (LNG).

PLN president director Nur Pamudji said the LNG supply from Tangguh will start in 2015. PLN will use the gas to, among others, replace the use of fuel oil in North Sumatera's power plants.

PLN fuel and gas division chief Suryadi Mardjoeki said the current fuel price for the Sumatra plants are equivalent to US$26 plants per million British thermal units (MMBTU). Tangguh's LNG, on the other hand, costs some US$19 to US$20 per MMBTU.

"With a difference of about US$6 per MMBTU, we can save US$630,000 per day," he said.

BERNADETTE CHRISTINA MUNTHE



BPS Reports January Exports for Coal 'Sluggish' at US$2.41 billion

41 hari lalu

BPS Reports January Exports for Coal 'Sluggish' at US$2.41 billion

BPS reported that the January exports for coal were sluggish in Indonesia.


January Export Drops 8.34% at US$20.52 billion, BPS Reports

42 hari lalu

January Export Drops 8.34% at US$20.52 billion, BPS Reports

BPS recorded the January export value of Indonesia at US$20.52 billion, an 8.34 percent decline compared to December.


Jokowi Asks Tanzanian President to Open Negotiations on LNG, Fertilizer Investment

25 Januari 2024

Jokowi Asks Tanzanian President to Open Negotiations on LNG, Fertilizer Investment

Indonesian President Jokowi highlights investment cooperation in the oil and gas sector during a meeting with Tanzanian President Samia Suluhu today.


Import Value Shows Steady Decline in Latter Half of 2023, BPS Says

15 Januari 2024

Import Value Shows Steady Decline in Latter Half of 2023, BPS Says

BPS recorded that the value of imports in December 2023 reached US$19.11 billion, a 2.45 percent decline compared to the previous month.


BPH Migas Predicts Gasoline, Plane Fuel Distribution to Rise in Holiday Seasons

16 Desember 2023

BPH Migas Predicts Gasoline, Plane Fuel Distribution to Rise in Holiday Seasons

BPH Migas predicts that the distribution of gas oil and jet fuel will increase during the Christmas and New Year periods.


Indonesia, South Korea Explore Partnership on Carbon Capture Development

29 November 2023

Indonesia, South Korea Explore Partnership on Carbon Capture Development

Indonesia is exploring a partnership with South Korea to develop carbon capture and storage/carbon capture, utilization, and storage technology.


Indonesia's Trade Surplus Surpasses US$3.42 billion

17 Oktober 2023

Indonesia's Trade Surplus Surpasses US$3.42 billion

According to Statistics Indonesia, the balance of trade surplus in Indonesia continues to September 2023, surpassing US$3.42 billion.


Pertamina Expands to Africa's Upstream-Downstream Oil & Gas Industry

29 September 2023

Pertamina Expands to Africa's Upstream-Downstream Oil & Gas Industry

PT Pertamina inked an agreement yesterday in Jakarta with Guma Africa Group Limited.


Pertamina Subholding Increases Production, Improves Business Development

29 Juli 2023

Pertamina Subholding Increases Production, Improves Business Development

Pertamina upstream sub-holding, PT Pertamina Hulu Energi (PHE), continues to improve the unlock value activities.


SKK Migas Sets 2023 Investment Target at US$15.5bn

21 Juli 2023

SKK Migas Sets 2023 Investment Target at US$15.5bn

The Upstream Oil and Gas Activities Special Task Force (SKK Migas) is targeting to achieve US$15.5 billion in actualized investments by 2023's end.