Hi Drpinotnoir
The last paragraph is a real problem for EWC if the Indonesians apply "their rules" according to that statement.
Wasambo Molor Project Again Till 2019
The obstacle is that there is no buyer price and infrastructure readiness.
The Walanga gas, Sampi-sampi and Bonge / Wasambo gas projects in South Sulawesi retreat. In fact, initially, the project is targeted to operate in 2016.
Head of Program and Communications Division of the Upstream Oil and Gas Upstream Business Unit / SKK Migas Wisnu Prabawa Taher said there are two constraints to the project being unable to produce. First , it is a gas buyer.
The gas from Wasambo will be sold to a local company in South Sulawesi. The company of this area will later sell again to PT Perusahaan Listrik Negara / PLN (Persero). However, according to Wisnu, higga now Energy Equity Epic Sengkang (EEES) has not agreed on the price with the company's area.
SKK Migas submitted a price agreement to both parties. What is clear, SKK Migas will support gas prices in accordance with the economy and benefit the country.
The second constraint of this project is not yet in production is infrastructure that is not ready yet.The regional company in South Sulawesi has not completed the construction of a Liquefied Natural Gas (LNG) mini refinery facility.
To that end, according to Wisnu EEES target project Wasambo can operate in 2019. "Onstream still waiting for some things are done. Depending on the price agreement, "he told Katadata.co.id, Friday (23/2).
The Wasambo project is one of 13 oil and gas projects targeted for production in 2016.However, the delay again and SKK Migas target again in the second half of 2017.
The project could produce 40 to 70 million cubic feet of gas per day (mmscfd). "The first onstream was 40 mmscfd, crawling up to 70 mmscfd," said Vishnu.
(Read: The Operation of Three Mine Oil and Gas Projects Next Year )
Head of Oil and Gas Supply Division of PLN Chairman Rachmatullah said it will buy gas from Wasambo Project through the company after it has produced. "So, later when it's production," he said.
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Hi Drpinotnoir The last paragraph is a real problem for EWC if...
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