Megawati to inaugurate S. Sumatra-S?pore gas pipeline project
Tuesday, July 29 2003 - 03:16 AM WIB
President Director of state owned gas distribution company PGN, WMP Simanjuntak, said in Jakarta on Monday that the inauguration of the gas pipeline marked the completion of the early stage of the US$7 billion Trans-ASEAN Gas Pipeline project that would in long term link all the association?s member countries.
?With the completion of the South Sumatra-Singapore gas pipeline project, Indonesia will raise an annual revenue from gas sales of about US$700 million,? Simanjuntak said after a meeting with Vice President Hamzah Has.
The development of the gas pipeline, which has a capacity of transmitting about 350 to 600 million cubic feet per day, was completed on schedule. The pipeline connects ConocoPhillips? gas field in South Sumatra and Singapore through Kuala Tangka in eastern coast of Sumatra, Batam island and Kempin isle which is located near the border with the neighboring country.
Simanjuntak said that the South Sumatra-Singapore pipeline would be also part of the Trans Indonesia Gas Pipe Line project which is now under preparation. ?The first stage of this project will be constructed next year linking South Sumatra and West Java. (*)
