Gas supply from Indonesia to Singapore will cease by 2023
By 2023, Indonesia’s Energy and Mineral Resources Ministry is looking to stop supplying gas to Singapore via the Suban Blok Corridor Field. This is done so that the gas supply can be diverted back to domestic consumption in Indonesia. “Gas is still abundant in Sumatra. Gas supply to Singapore will end in 2023 and will be […]
Indonesia keeps coal domestic market obligation rules unchanged for 2020
JAKARTA, Jan 7 (Reuters) – Indonesia’s Energy and Mineral Resources Ministry has decided to keep coal domestic market obligation at 25% and the price cap at $70 per tonne in 2020, it said in a statement on Tuesday. Ministry officials last year said the government was considering lowering the mandatory coal sales to domestic power […]
Indonesia to sign billions of dollars of energy and trade deals in Abu Dhabi
JAKARTA (Reuters) – Indonesian President Joko Widodo will oversee the signing of $18.8 billion worth of energy and trade deals on a visit to Abu Dhabi, including Pertamina’s deal with Abu Dhabi National Oil Co to upgrade a West Java refinery, ministers said on Tuesday. Some of the deals have been under discussions for some […]
Geothermal strategic choice for Indonesia in curbing dependence on expensive fossil fuels
Geothermal and biomass have great potential as Indonesia’s future in the energy sector. In addition to being sustainable and environmentally friendly, the use of geothermal energy and biomass as an energy source can help reduce the current account deficit that haunts Indonesia every year. Pri Utami, geothermal expert from the Indonesian Academy of Young Scientists […]
Prof Reacts to Prabowo Subianto’s Natuna Military Base Plan
TEMPO.CO, Jakarta – International law professor, Hikmahanto Juwana, form University Indonesia said that he is apprehensive about Prabowo Subianto’s idea to establish an Indonesian Natuna military base in the Riau Islands, and the country’s eastern region. “What I am most worried about is if it would create friction over Natuna sea, especially between [state authorities], which would involve weaponry,” said the professor […]
Jokowi considers three solutions to lower industrial gas prices
President Joko “Jokowi” Widodo will look into three options to lower the stubbornly high industrial gas price in Indonesia, which has deterred industries from expanding in Indonesia amid a domestic economic slowdown. The options are: introducing a fiscal incentive, creating a domestic market obligation (DMO) or undergoing an import simplification procedure to reduce gas prices […]
Indonesia industry ministry to propose mandatory domestic gas sales – minister
JAKARTA, Jan 6 (Reuters) – Indonesia’s Industry Ministry will put forward a plan for mandatory domestic gas sales to ensure local manufacturers can get cheap supplies after they complained of high prices, Industry Minister Agus Gumiwang Kartasasmita said on Monday. The so-called domestic market obligation (DMO) would require gas producers to sell a portion of […]
Government agency fixes subsidized fuels allocation for 2020
The Downstream Oil and Gas Regulatory Agency (BPH Migas) has fixed next year’s allocation of subsidized fuels at 26.87 million kiloliters (kL), up 3 percent from last year, following a meeting with House of Representatives members last week BPH Migas said in a statement on Monday that next year’s subsidized fuel allocation consisted of diesel […]
