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The number is five: PLN on LNG

The President of Indonesias national electricity firm PLN, Eddie Widiono Suwondo, has announced f...

The number is five: PLN on LNG

In a statement Eddie said, “The five companies have expressed interest in being involved in different part of the job including LNG supply, transport and power station development.”

“The LNG terminal, which is expected to commence operation in 2005, [will] be able to supply gas in great volume to a number of power generating plants across the country. The project will be completed as scheduled although the process is still in the stage of licensing,” he added, without elaborating further.

While Eddie did not name names, it had been earlier announced by EnergyReview.net Malaysia’s Petronas was stated its interest to develop the terminal. Furthermore, state oil and gas firm PT Pertamina has inked a cooperation agreement with PLN. This deal covers LNG supplies, the LNG terminal construction and operation, and gas marketing.

PLN intends to use the terminal to ensure energy security for its gas-fired power plants in Western Java. Eventually, the terminal will be able to crank out 1 billion cubic feet per day.

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