Indonesia Approves Revised Development Plan for Kasuri Gas Project
(Reuters) — Indonesia has approved a revised development plan by Malaysia's Genting Oil & Gas for the first phase of its gas project in West Papua following changes in production estimates, the energy ministry said in a statement on Wednesday.
Under the revised plan, the estimated gas in place for Asap, Kido and Merah structures in West Papua's Kasuri block rose to 2,673.7 billion standard cubic feet from 1,735 Bscf/d previously, Energy Minister Arifin Tasrif said in the statement.
"Production from this field will be utilized by a fertilizer plant in Papua and for a liquefied natural gas plant," Arifin said.
Genting Oil & Gas also signed an initial agreement with an Indonesian state-controlled fertilizer producer, Pupuk Kaltim, to supply 102 billion British thermal units of gas per day to its $1.5 billion fertilizer plant, the statement said.
Related News
Related News
![](/media/2035/pgj-enews-graphic-300x1404.jpg)
- Mexican President: Billionaire Slim Interested in Pemex Natural Gas Project
- Freeport LNG Sues Three Contractors Over Defects at Texas Plant
- Energy Transfer Adds 6,000 Miles of Pipeline with $3.25 Billion WTG Midstream Acquisition
- FERC Approves Transco's Texas to Louisiana Gas Pipeline Project
- Williams Says Court Rules in Its Favor in Pipeline Dispute with Energy Transfer
- U.S. to Buy 4.5 Million Barrels of Oil to Replenish Strategic Petroleum Reserve
- Kurdish Oil Smuggling to Iran Flourishes
- U.S. Court Overturns Alaska Oil Lease Sale, Halting Energy Development
- Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
Comments