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Indonesia targets to build 5 FSRUs in 2017

JAKARTA ( – The Indonesia government targets to develop five floating storage and regasification unit (FSRUs) in 2017 as a move to improve domestic gas infrastructure and increase utilization of natural gas in domestic market.

At present, Indonesia already has two FSRUs — located in northen coast of Jakarta (FSRU West Java) and FSRU Lampung in offshore Lampung).

The Energy and Mineral Resources Ministry (ESDM) said in a document that the FSRUs are expected to be operational in 2018 and further increased to a total of 9 FSRUs in 2020, Investor Daily reported.

The development of FSRUs is anticipation of increasing domestic consumption of gas, following a decline of oil production.

The energy ministry said Indonesia’s oil prodictuion is projected to reach 810,000 bpd in 2016, decline to 750 bpd in 2017, drop to 650 in 208, 580 in 2019 and 520 in 2020.

Meanwhile, gas production is expected to stabilize at 1.175 million barrels of oil equivalent per day (mboepd) in 2016, 1.11 mboepd in 2017, 1.185 mboepd in 2019 and 1.125 mboepd in 2020. (*)

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