“ … 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.)

Wednesday, December 19, 2007

Indonesian firms and Mitsubishi to build LNG plant

Jakarta (ANTARA News) - Mitsubishi Corp. has agreed on a joint venture with Indonesia's state oil firm, Pertamina, and PT Medco Energi Internasional Tbk to build a LNG plant in Sulawesi, a Medco official said on Wednesday.

"We have signed a joint venture agreement and there will be further talks on gas supply," Hilmi Panigoro, president director of the Indonesian energy firm, was quotd by Reuters as telling reporters.

He said Medco would take a 20 percent stake in the liquefied natural gas plant, while Mitsubishi would hold 51 percent and Pertamina 29 percent.

He did not elaborate on the cost of building the plant.

A Pertamina official, who declined to be named, said the plant would receive natural gas from the Matindok field, operated by the state oil firm, and Medco's Senoro field. The fields have combined reserves of around 2 trillion cubic feet of gas.

The official said the plant would have an annual capacity of around 2 million tonnes of LNG.

Panigoro said he expected the plant to come onstream in 2011.

Indonesia is the world's second-largest producer of LNG after Qatar but production is expected to fall by 4 percent next year, while exports may fall even further as the country seeks to divert more gas to the domestic market.

Indonesia, Asia Pacific's sole OPEC member, has far more gas than oil and is trying to phase out costly oil-fired power generation and use more of its cheaper and cleaner natural gas domestically.

But it faces limited supplies due to long-term LNG export commitments, which it is reviewing.

The country is estimated to have gas reserves of around 182 trillion cubic feet.

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