LNG

Pertamina cancels plans for second Indonesian onshore LNG terminal

Indonesia’s Pertamina has cancelled plans for what would have been the country’s second onshore LNG terminal.
By Staff reporter 10 July 2018 0 31675

Indonesia’s state-owned Pertamina has cancelled plans for what would have been the country’s second onshore LNG terminal, Reuters quoted the company’s acting chief executive, Nicke Widyawati, as saying on Monday.

“We are not going ahead. Gas demand has declined so it’s not feasible from a business standpoint,” said Widyawati.