BPMIGAS to discuss allocation of Senoro gas next week
Saturday, June 19 2010 - 03:14 AM WIB
The agency?s vice chairman Hardiono said in Jakarta on Friday that the meeting would, among others, discuss the allocation of the Donggi-Senoro gas production to local buyers.
He hoped that with the issuance of the long-awaited decision on the allocation of the gas production from the field, the construction works both for upstream and downstream activities could be immediately started.
State Enterprises Minister Mustafa Abubakar also hoped that Pertamina and Medco, which jointly own the Donggi-Senoro gas field could soon begin the development of the gas field so that a part of its production could be used to cope with gas shortage for state electricity company PLN, fertilizer producers and other local industries.
Meanwhile, Pertamina?s vice president for corporate communications, Basuki Trikora Putra, said that the initial stage for the development of the field could be carried out this year so that the production could commence by the end of 2013 as expected.
He hoped that the government would soon name the local buyers of the Donggi-Senoro gas so that Pertamina and Medco could issue the final decision on the amount of investment needed for the development of the field.
He also hoped that Donggi-Senoro gas allocated to local buyers should be based on market price so that the project would be economically viable for further development.
Pertamina and PT Medco Energi Internasional plan to build a liquefied natural gas (LNG) plant in Central Sulawesi in cooperation with Japanese company Mitsubishi Corp. Gas for the proposed 2MTPA LNG plant will be supplied from Matindok-Donggi Block, which is operated by state-owned oil and gas firm Pertamina, and Senoro-Toili Block, which is jointly operated by Pertamina and Medco. (*)