“ … 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.)

Thursday, February 04, 2010

PGN allocates Rp 3.4t for gas blocks acquisitions

Nani Afrida, The Jakarta Post, Jakarta | Thu, 02/04/2010 7:46 PM

State gas distributor PT Perusahaan Gas Negara (PGN) has allocated Rp 3.4 trillion (US$ 363.8 million) this year to acquire several gas blocks it needs to provide more gas for its receiving terminal in North Sumatra, a PGN director says.

“[PGN] has allocated Rp 3.4 trillion to buy new gas blocks, the entire amount of which will be taken from the company’s internal budget,” PGN president director Hendi Prio Santoso said Thursday after signing an MoU for a joint venture with state oil and gas company Pertamina.

PGN reportedly has plans to build a $1 billion Liquefied Natural Gas (LNG) receiving terminal in North Sumatra, which is expected to operate in 2012.

“Our spending is only for the starting budget. In fact if it needs more capital, the figure will be up to five times more, or Rp 15 trillion,” Hendi said, adding that in order to achieve gas supply stability the company would invest some of the funds it gained from the downstream sector to strengthen its upstream sector.

“Our main problem is we do not have enough gas to distribute. We only provide around 65 of our capacity. By purchasing new gas blocks we will not need to rely on gas producers,” he said.

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