Rangga D. Fadillah, The Jakarta Post, Jakarta | Thu, 02/17/2011
A consortium of gas using-industries on Thursday announced it would set up a US$200 million liquefied natural gas (LNG) receiving terminal in Banten province, in efforts to meet demand for the resource.
The secretary-general of the Forum for Natural Gas Using Industries (FIPGB), Achmad Widjaja, said the consortium expected the floating storage and re-gasification unit (FSRU) to start operating in April 2012.
“We hope the government will soon issue the permit to start the construction of the FSRU so that we can finish it on schedule by April next year,” Achmad said after a discussion about the plan in Jakarta.
He added that the planned FSRU would have a total capacity to store up 500 million standard cubic feet per day (mmscfd) of LNG -- equivalent to one-third of industries total needs.
“The LNG will be imported from several gas-producing countries including Russia, Qatar and Nigeria. The consortium has already spoken to suppliers on how to transport the LNG to Indonesia,” Achmad said.
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