Domestic production cuts Indonesian demand for LNG imports

By Staff reporter 12 July 2017

Indonesia is unlikely to need LNG imports before 2020 because of higher-than-expected gas production, according to Wiratmaja Puja, the country’s director general of oil and gas, Reuters reported on Wednesday.

State-owned oil and gas company Pertamina has agreed to purchase LNG from Cheniere Energy starting in 2018, but Puja said this could be re-sold to Bangladesh or other countries.

Pertamina is looking for buyers for 16-18 uncommitted LNG cargoes this year.

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