indonesian gas distribution, page-2

They all want EWC gas.

Sat, 22 February 2014 | 07:59 Read by Visitor
Wait Perusda Gas Gas SKK Letter

MAKASSAR, DAWN - Local Company (Perusda) South Sulawesi participating in the potential of natural gas Wajo, must be patient. Therefore, they are still waiting for SK from SKK Oil (Special Unit Upstream Oil and Gas) for gas allocation.

In this project, Perusda with several companies, such as Energy Equity Epic Sengkang Pty Ltd, PT South Sulawesi LNG (SSLNG).

Director of Energy Equity Epic Sengkan (E3s), Andi Riyanto, explains, Perusda Sulawesi has signed MoU company purchases gas produced. "All these purchase terms are met, including due diligence to Perusda province. SKK Gas not promise, but we ask that accelerated. After that, we will sign the purchase agreement, "Said Riyanto, recently.

He explains, Perusda signed purchase as many as 70 million cubic feet of gas per day (Million Standard Cubic Feet per Day / MSCFD). "The value we do not agree. Because this is still being discussed. The average price of gas is not fixed, depending on the negotiations, "he said. However, he gave an overview, the price of one million cubic meters of natural gas reached U.S. $ 3 to U.S. $ 10.

Director Perusda Sulawesi, Harris Hody, disclose, purchased natural gas is converted into liquid gas or Liquefied Natural Gas (LNG). "We articulated PT South Sulawesi LNG (SSLNG), who co-invested over the conversion," he explained.

By converting it into LNG, he said, it will sell it to PT PLN (Persero) to fuel power plants to reach the eastern part of Indonesia such as Sulawesi, Bali and Manado.

"PLN will buy it. Our advantage from the processing and sale to the PLN, "he explained. By doing so, Harris optimistic, PAD Perusda deposit to be able to increase the budget of South Sulawesi, including boost Perusda assets.
Riyanto explained, 70 MSCFD has considerable ability to generate electricity. "Simply put, 5 million cubic feet (mscf), it can generate 20 megawatts electric," said Riyanto. (Sbi / zul)