PLN needs additional operational funds of Rp 3.2 trillion
Monday, June 11 2007 - 02:49 AM WIB
State electricity company PT Perusahaan Listrik Negara (PLN) said it might need additional funds of Rp 3.2 trillion for the operation of its diesel fired plants for the period of January-June 2007, especially when the combined cycle power plant in Cilegon, Banten stops operation, Investor Daily reported Monday.
General Manager for the Jawa-Bali power supply and network Muljo Adji AG said in
According to Muljo, China National Offshore Oil Corporation (CNOOC) could only gas supply between 26 and 30 million cubic feet per day (mile-mile cubic feet per day/mmcfd), less than the supply of 80 mmcfd agreed in the contract.
He said that the condition had led to the change in the operation schedule of the combined cycle power plant, which is under the previous schedule, it should produces up to a capacity of 240 MW in November 2006, up to 420 MW in February 2007 and up to 740 MW in April 2007.
“In reality, it can only supply 50 MW since January 2007 due to the declining gas supply and even the gas pressure is close to low alarm level(32 kg/cm2). If the gas supply continues to decline and the gas pressure approaches to 29 kg/cm2, then the Cilegon combined cycle power plant will have to be switched off,” Muljo told the daily.
Muljo said that to ensure power supply of the assumed 740 MW to the Jawa-Madura-Bali power grid, PLN was compelled to operate other power plants using diesel oil as fuel, which means that the company has to prepare 4.5 million liters of diesel oil worth Rp 17 billion per day.
Meanwhile, deputy head of operation of the upstream oil and gas regulatory body, BP Migas Doddy Hidayat on behalf of CNOOC said that the planned capacity of 80 mmcfd by CNOOC could not be produced all at once but in stages. “Currently, gas production of between 26 and 30 mmcfd by CNOOC is still in the Pphase I. The remaining supply will be fully met in the Phase II after CNOOC installs a compressor expected to be conducted in July 2007,” he said. (*)