Sign up | Log in



Home  >>   Daily News  >>   Indonesia News  >>   Energy  >>   Indonesia optimistic about gas production
NEWS UPDATES Asean Affairs   22 November 2010

Indonesia optimistic about gas production

Related Stories

October 23, 2010
Indonesian government urged to back geothermal

September 28, 2010
Indo industries get power boost

The government is confident that natural gas output will jump next year as two major blocks are scheduled to go on line.

"We have had agreements that stipulate that some companies will start producing gas next year. That will boost output in 2011," Elan Biantoro, a spokesman of upstream energy regulator BP Migas, said on Sunday.

Elan said the Tranche 4 gas field in West Java, which is operated by Pertamina Hulu Energi, a unit of the state energy company, would go on line, with an estimated 80.48 billion cubic feet of reserves. The other is Peciko Phase 7B well in Mahakam, Kalimantan, which is operated by Total E&P Indonesie, with reserves of 203.93 bcf.

"With the presence of this new gas blocks, I am sure we can exceed the government's initial target," he said, referring to the 2011 state budget goal of an average of 7,769 million standard cubic feet per day of gas.

The Energy Ministry said last week that 2010 gas production would beat forecasts, rising 20.7 percent to 9,365 mmscfd from the target of 7,758 mmscfd. Elan did not offer specific figures for next year's output, but said it would comfortably exceed 2010 production.

This year's output has been boosted by better-than-expected performance from the Tangguh block in Papua, operated by BP Indonesia, according to the Energy Ministry.

Indonesia counts on contractors including Conoco Phillips, Pertamina, ExxonMobil, Vico, Petrochina, Chevron, PHE ONWJ and Santos, for national production.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand