Asian national oil companies are reviewing their gas strategies which could sound the death knell for some liquefied natural gas import projects as demand has failed to increase as had been forecast, writes Amanda Battersby.
Indonesia’s Pertamina has pulled the plug on what would have been the republic’s second onshore import and regasification terminal.
The planned 4 million tonnes per annum import project at Bojonegara on Java was a joint venture between Pertamina and Bumi Sarana Migas.