Indonesia aims to finish research on 40 per cent-palm-based biodiesel in Nov
JAKARTA: Indonesia, the world’s largest palm oil exporter, plans to finish research into biodiesel containing 40 per cent palm oil by November, the head of the energy ministry’s research department said on Wednesday. The country will implement the mandatory use of biodiesel containing 40 per cent palm oil, known as B40, in July 2021 as it seeks to increase domestic […]
PLN eyes Rp 391t in revenue next year, aims for healthy finances This article was published in thejakartapost.com with the title “PLN eyes Rp 391t in revenue next year, aims for healthy finances”. Click to read: https://www.thejakartapost.com/news/2020/08/26/pln-eyes-rp-391t-in-revenue-next-year-aims-for-healthy-finances.html. Download The Jakarta Post app for easier and faster news access: Android: http://bit.ly/tjp-android iOS: http://bit.ly/tjp-ios
State-owned electricity company PLN aims to earn Rp 391.6 trillion ($26.7 billion) in revenue and spend Rp 378.2 trillion in expenses next year, as it strives to balance the company’s finances amid low demand this year. PLN president director Zulkifli Zaini said on Tuesday the company would raise income by selling more power to large-scale […]
8 Indonesian experts took part in Turkey’s Black Sea gas discovery
Eight Indonesian engineers were part of the team that discovered natural gas reserves off Turkey’s Black Sea coast. President Recep Tayyip Erdoğan announced last week the discovery of the 320 billion cubic meters (bcm) of natural gas. The gas field is expected to start operations in 2023, the 100th anniversary of the Turkish Republic.
Indonesian Regulators Approve Paus Biru Gas Field Plan
Indonesian oil and gas regulators have approved the plan of development of the Paus Biru offshore gas field in the East Java Basin. The field is located in the Medco-operated Sampang offshore block, in the Madura Strait, off Madura Island, Indonesia. Apart from the Paus Biru field, the offshore block also contains the producing Oyong and […]
Shell begins divestment of Masela block
Shell has received government permission to open geological data on the gas-rich Masela block in Maluku to potential buyers, marking its first step in divesting the asset. The company will divest the block over an estimated 18 months time while the block’s lead operator, Japan’s Inpex Corp, and the Upstream Oil and Gas Special Regulatory Taskforce […]
Explainer: Delay, exiting operator, what is happening to Indonesia’s strategic gas projects?
Four Indonesian strategic upstream gas projects are facing headwinds from pandemic-related restrictions and exiting operators, presenting challenges to the country’s ambition to become a major Asia Pacific gas exporter by 2030. The four national strategic projects are expected to produce 65,000 barrels of oil per day (bopd) and 3,484 million standard cubic feet per day […]
‘Pertamina hit by triple shock’
LOW energy demand and prices saw state owned Pertamina, the biggest oil and gas company in Indonesia, record a USD767.92 million net loss in the first half this year. Comparatively in the same period last year, the company recorded a profit of USD659.96, according to The Jakarta Post. Pertamina spokeswoman Fajriyah Usman said low global crude oil […]
Indonesia Allows Private Sector to Develop Electric Vehicle Infrastructures
The supporting infrastructures are classified into recharging stations (SPKLU) and the electric vehicle battery exchange (SPBKLU). According to the Energy and Mineral Resources Ministry Regulation No.13 of 2020, enterprises that are permitted to build such infrastructures must hold a special electric supplier business license (IUPTL), which exempts the need to obtain permits from the state-electricity provider PLN.
