Jakarta (VNA) - The Indonesian Ministry of Energy and MineralResources has decided to stop gas shipments to Singapore in the next threeyears to cater for domestic demand.
FanshurullahAsa , head of the Downstream Oil and Gas Regulatory Agency (BPH Migas) ofIndonesia, said the decision is in line with a statement made by Minister of Energy andMineral Resources Arifin Tasrif during a hearing at the House ofRepresentatives in November last year on a plan to stop supplying gas to thecity-state.
He expressed hope the decision would create added value for the nation’snatural gas and reduce its trade deficit, as the use of gas could shift to oilfuel.
The gas supply will be channeled into the Dumai Duri transmission pipeline tobe distributed to industrial estates in Sumatra, namely the Sei Mangkei SpecialEconomic Zone in North Sumatra, among other destinations.
Indonesia’sstatistics show that the country’s oil and gas exports totaled 167.5 billionUSD last year, a 6.94 percent decline year-on-year./.