PLN to Be Allowed to Import LNG for Power Generation, Government Says

Jakarta. The Energy and Mineral Resources Ministry will allow state electricity company Perusahaan Listrik Negara to import liquefied natural gas in order to meet domestic demand, a ministry official has said.

Hendra Fadly, the director of upstream oil and gas at the ministry, said on Tuesday that “Indonesia will not gush out natural gas forever” and that importing LNG was consequently “very likely.”

According to Hendra, PLN may import LNG soon despite a favorable outlook on domestic production, as the shale gas revolution in the United States has helped drive down prices of gas.

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Posted April 23, 2014 by repit in News

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