epa00985214 A victim of the Lapindo mudflow disaster shouts slogans during a rally outside the Presidential Palace in Jakarta, Indonesia, 17 April 2007, demanding compensation for their houses damaged in the disaster. Indonesian President Susilo Bambang Yudhoyono said he would take action against PT Lapindo Brantas Inc., the operator of the gas field blamed for the cause of the mudflow, if it failed to compensate the mudflow victims. The National Development Planning Board (Bappenas) has estimated that the losses caused by the mudflow from Lapindo Brantas gas operations in Sidoarjo, East Java, in the past nine months had reached Rp27.4 trillion, consisting of Rp11.0 trillion in direct and Rp16.4 trillion in indirect losses. EPA/MAST IRHAM Photo: EPA/MAST IRHAM
PLN pulls out of LNG terminal plan
Indonesian state electricity company Perusahaan Listrik Negara (PLN) is pulling out of a project to build an LNG receiving terminal due to a lack of financing, its president director said today.