Indonesia to build five FSRU in 2017, targets 64 by 2020

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Indonesia plans to build five more floating storage and re-gasification units (FSRU) in 2017, according to Energy and Mineral Resources Ministry data. Currently, two FSRUs have been build in West Java and Lampung provinces. The number is expected to increase to 64 in 2020. Since the beginning of this year state owned energy producer PT Pertamina has signed multiple LNG deals with companies and also planning to build a LNG receiving terminal across the country. Otherwise, publicly listed PT Perusahaan Gas Negara Tbk (IDX: PGAS) will also optimise the Lampung FSRU facility managed by PT PGN LNG Indonesia be able to pipe 1.1 million cubic meters of LNG to meet customer demand in West Java and South Sumatra. Currently, PGN owns and operates a total of 7,026 km of pipeline.

 

 

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Source: The Insiderstories



Indonesia to build five FSRU in 2017, targets 64 by 2020

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