Sengkang LNG - only 80%???, page-5

Not convinced this much matters any more. With both PPA and concession expiring in early 2020s looks more like Indonesia will patiently wait for end of contracts, and then have some assets transfered to them according to contractual provisions. Other assets could be sold, moved, or stranded (count on the latter). The only basis for further investment is extension of contracts, plus a firm LNG offtake contract which would be new. Key word firm. Can’t see it happening because in that time frame, Indonesia is not running out of gas. Indeed, the surprising thing the last few years is the volume of LNG that Pertamina makes available through the spot market - ie these are surplus to Indonesia’s domestic needs.