Indonesia Turns to Floating Power Stations
Indonesia's president launched the first of five new floating power stations on Tuesday, to serve as a stop gap for the country's growing demand for power amid sluggish development of land-based plants. Southeast Asia's largest economy has set an ambitious goal of building more than 35 gigawatts of power stations by 2019, the bulk of which are expected to be coal-powered.
Arun LNG to Ship Final Cargo
Indonesia's Arun liquefied natural gas (LNG) project in Aceh in northern Sumatra has stopped producing the super-cooled fuel as it switches to being a receiving and regasification terminal, an official from the plant said on Tuesday. Indonesia is still one of the world's biggest LNG exporters, but with domestic…
Indonesia Awards Second Shale Gas Block
Indonesia's energy and mining ministry on Monday awarded its second shale gas exploration block to a consortium of foreign oil firms that included New Zealand Oil & Gas Ltd. The New Zealand company, along with Canada's Bukit Energy and Pacific Oil & Gas Ltd in Hong Kong, won the tender to explore the Kisaran block in North Sumatra, said Saleh Abdurrahman, the ministry's spokesman.
