Pertamina Arun plans in limbo

Pertamina: the state-run company is still awaiting approval from the government for its plan to turn the Arun LNG plant into a receiving and regasification terminal

The plans of state-run Pertamina to turn Aceh’s Arun liquefied natural gas plant in Indonesia into a receiving and regasification terminal are in limbo as it awaits approval from the government, according to reports.





The Jakarta Post cited the chairman of upstream regulator BPMigas, Hardiono, as saying Pertamina was yet to receive a response to a letter it had sent to the government outlining its plan for the LNG plant.

“The plant is a state asset therefore the approval for the conversion must come from the Finance Ministry. Discussions are still underway,” Hardiono was quoted telling reporters on Tuesday.

Pertamina released a statement on Monday saying it had made arrangements to proceed with the conversion and had made agreements to supply gas to state power company PLN…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index