Sign up | Log in



Home  >>   Daily News  >>Indonesia>>Power>>PLN set to absorb Masela gas
NEWS UPDATES Asean Affairs     June 14, 2017  

PLN set to absorb Masela gas

State-owned electricity firm PLN has stated its readiness to absorb 60 million standard cubic feet per day (mmscfd) of gas to be produced at the Masela block in the Arafura Sea to develop a combined-cycle power plant (PLTGU) with a capacity of 300 megawatts (MW) of electricity.

The electricity will be used to support various businesses, including fertilizer and petrochemical plants, which are planned to be developed in the area near Masela block.

According to the Industry Ministry, three other companies have shown interest in investing in Masela block, namely state-owned fertilizer producer PT Pupuk Indonesia, petrochemical firm PT Elsoro Multi Pratama and plastic product company PT Sojitz Indonesia, with a total demand of 474 mmscfd.

“Because there is another demand of 60 mmscfd from PLN, the total demand will be too large. So, we will discuss the matter in the next meeting [with other stakeholders],” the Industry Ministry's director of upstream chemical industry Muhammad Khayam said in Jakarta on Monday.

Previously, state-owned energy giant Pertamina also expressed interest in buying 200 mmscfd of gas produced at Masela block. However, Khayam said the company had cancelled its plan without disclosing further details.

He said the ideal price of the gas might reach US$5.5 per million British thermal units (mmbtu), considering the recent surge in the price of global commodities.

The Masela block is expected to produce 1,200 mmscfd of gas and 24,000 barrels of condensate per day starting in 24 years

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

Today's  Stories                          June 14, 2017 Subsribe Now !
• Inflation expected at 2.6 per cent this year Subcribe: Asean Affairs Global Magazine
• SET market report for May 2017
• PLN set to absorb Masela gas
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Hue to spend $52m on agriculture
• Singaporean bus manufacturer SC Auto to set-up S$30 million facility in Yangon
Asean Analysis                  June 2,  2017
• Asean Analysis June 2, 2017
Trump Should Call Myanmar's Aung San Suu Kyi
Advertise Your Brand

Asean Stock Watch June  13, 2017

• Asean Stock Watch-June 13, 2017
The Biweekly Update
• The Biweekly Update  June 2, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand