Power generation and primary energy director Ali Herman Ibrahim said

“PLN was currently negotiating with a view to making LNG purchases from Iran following its failure to secure gas supplies from Qatar”.

PLN had been unsuccessful in its Qatar bid as that country intended to cut production in order to prop up prices on the world LNG market.

PLN is planning to build an LNG receiving terminal in Cilegon, Banten. This terminal to handle the gas supplies for company’s power plants in Java.

Energy and Mineral Resources Minister Purnomo Yusgiantoro told reporters Monday that during the recent Association of Southeast Asian Nations (ASEAN) Energy Business Forum in Singapore, Thailand had expressed interests in buying gas from West Natuna to meet growing gas demand from its petrochemical companies in Ranyong.

“The most feasible way of delivering the gas would be by pipeline as Thailand doesn’t have an LNG receiving terminal,” Purnomo said.

Find More Other News : Company, Exploration, Mine Trade & Market, Mining Top News, Natural Gas, Petroleum