“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
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Sunday, November 05, 2006

ADB to Assist in Developing Gas Pipeline Project in Indonesia

MANILA, PHILIPPINES - A $75 million loan will promote clean, indigenous energy in Indonesia by assisting in the construction of a 661 km natural gas pipeline from South Sumatra to West Java.

In addition to a direct loan without government guarantee to the Indonesian energy firm PT Perusahaan Gas Negara (PGN), ADB will support loans of up to $125 million to PGN provided by other international financial institutions and commercial banks, also without government guarantee.

The $652.5 million project involves the construction of a pipeline for the transportation of natural gas from major gas fields in South Sumatra to the major gas consuming areas of West Java. The pipeline is one of two being built by PGN to address a shortage of natural gas in West Java.

“This pipeline will promote clean energy,support economic growth in West Java and is also a strong endorsement of Indonesia’s sector reforms in the oil and gas sector,” said Stephen N. Edwards, Structured Finance Specialist with ADB’s Private Sector Department.

PGN, an Indonesian gas utility involved in the transmission, distribution, and sale of natural gas, is 61% owned by the Government of Indonesia. Holding over 90% of the gas distribution market, PGN has a dominant position in the country’s gas industry.

The project is ADB's second non-sovereign guaranteed operation in Indonesia's oil and gas sector. The first one, a $350 million loan to help develop the Tangguh Liquefied Natural Gas Project in Irian Jaya Barat province, was signed last 1 August.

About ADB

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