Natuna gas leak still under repair: Report
Wednesday, December 3 2003 - 01:44 AM WIB
Indonesia?s oil and gas regulator BPMIGAS expects another week before full restoration of gas supply is restored.
?We have not finalized the repair work. Bad weather got in the way. However, we hope to resume full supply in a week,? said BPMIGAS chairman Rachmat Soedibjo.
The leak has caused financial loses to Star Energy and Premier Oil, two West Natuna offshore gas producers that stopped supplying gas because the south valve of a subsea tie-in was shut down for the repair work. The gas supply from ConocoPhillips was not disrupted.
?We have incurred around US$250,000 in delayed revenue and a small amount of lost revenue every day since the detection of the leak,? said Supramu Santosa, president of Star Energy.
He added that Star Energy supplies 20 percent of the 350 billion Btu (British thermal unit) per day supplied by the three companies.
?We have to keep a bit of gas flowing to maintain the pressure within the pipe,? Supramu told the Jakarta Post.
In a previous report deputy chairman Trijana Kartoatmodjo indicated that it would be up and running at full capacity would by Dec 2. He added on Tuesday that the repairmen were able to dive and work on the leak. (*)
