“ … 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 14, 2008

Libya to supply Banten refinery

Ika Krismantari, The Jakarta Post, Jakarta

State oil and gas company PT Pertamina has secured the remaining 150,000 barrels of oil (per day) supply it needs to feed its refinery plant, currently under construction in Banten, from a Libyan company, an official says.

The project is expected to have a fuel processing capacity of 300,000 bpd, making it the country's second largest refinery after the refinery in Cilacap, West Java.

Energy and Mineral Resources Minister Purnomo Yusgiantoro said Wednesday that during his visit to Libya last week, Libya's National Oil Corp (NOC) had agreed to provide the crude supply for the Banten refinery.

The deal was part of broader agreements also signed by the two companies last week, under which NOC will supply Pertamina with a minimum of 50,000 bpd, from the moment the refinery comes on stream, and will increase the supply to 200,000 bpd by 2013.

The agreement will last for 20 years.

Pertamina has been looking for a supplier for its Banten refinery since last year, as it has only succeeded in securing 150,000 barrels per day from Iran, with whom it is also constructing the US$550 million refinery project in Bojonegara, Banten.

Iran, which previously agreed to supply all the crude needs, recently decided to cut its supply commitment to the refinery to only 150,000 bpd.

Meanwhile, Pertamina president director Ari Sumarno said the company was also seeking opportunities for a partnership with a Libyan counterpart in building a new refinery project.

Currently, Indonesia has 10 operating refineries with a total capacity of 1.190 million barrels of oil per day.

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