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JAKARTA (RambuEnergy.com) – Indonesia’s liquefied natural gas (LNG) production is projected to fall by 6.67% this year to 252 cargoes, the Special Task Force for Upstream Oil and Gas (SKK Migas) said.
Last year, Indonesia’s LNG production reached 270 cargoes. Of the planned production, 67 LNG cargoes will be allocated to the domestic market, while 185 cargoes will be exported, SKK Migas Deputy Head for Finance and Monetization Parulian Sihotang said Wednesday (Jan. 16).
He said Tangguh LNG in West Papua, operated by BP Berau, is projected to produce 120 cargoes, Bontang LNG plant 132 cargoes. Of the Tangguh LNG production, 28 cargoes will be sold to the domestic market and 92 cargoes will be exported.
Of the Bontang LNG plant, 39 cargoes will be allocated to the domestic market and 93 cargoes will be allocated for the export market.
Deputy Head of SKK Migas Sukandar said the lower production of LNG in 2019 is driven by projected lower gas supply from Mahakam Block, which is now operated by Pertamina, the country’s state-owned energy company.
As for this year, as much as 11 LNG cargoes are yet to have buyers or uncontracted. The LNG could be sold to the spot market as happened previously. (*)
