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Friday, January 19, 2018

Rl to export LNG to Pakistan, Bangladesh



Deputy Energy and Mineral Resources Minister Archandra Tahar has said Indonesia plans to export liquefied natural gas (LNG) to two South Asian countries Pakistan and Bangladesh with the trading values at about USS6 billion for each country.

Arcandra said in Jakarta on Wednesday the LNG export would be decided during the visit of President Joko ”Jokowi” Widodo to the countries in the near future.

Archandra Tahar

“The sale purchase agreement is expected to be signed during the visit. lt is what is being discussed in the ministry," he said as reported by Antara, adding that the export volume reached between 1 and 1.5 million tons per annum. in the implementation, state-owned energy firm Pertamina will cooperate with its counterpart in Bangladesh (Petrobangla) and its counterpart in Pakistan (Pakistan LNG Limited).

The contract agreement is to be designed in 10-year terms each. The LNG exp.ort plan to the two countries is a follow-up of a memorandum of understanding between Pertamina and the two companies. 

Jakarta Post, Page-14, Friday, Jan 19, 2018

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