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Wednesday, February 16, 2011

Bontang LNG output to fall 6 pct in 2011

Liquefied natural gas (LNG) output from Indonesia's Bontang plant is expected to fall by 6 percent this year due to lower supply of natural gas from a Total field, the plant's operator PT Badak NGL said on Monday.

Badak's president director Hanung Budya said LNG output was expected to be 33,883,503 cubic meters this year from the plant in Kalimantan province, down from 36,110,227 cubic meters in 2010.

The Bontang plant receives gas supply from the Mahakam gas block operated by France's Total.

The country's oil and gas regulator BPMigas had already said last month that the country's LNG exports will fall to 362 cargoes this year from 427 cargoes in 2010, based on export commitments from Bontang, ExxonMobil's Arun LNG and BP's Tangguh LNG.

Indonesia, the world's number-three LNG exported after Qatar and Malaysia, is increasing its use of natural gas for domestic market. Source: Reuters

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