Efficient gas production needed<\/p>\n
JAKARTA (JP): Global gas producers need to develop more
\nefficient ways of producing and distributing natural gas,
\nInternational Gas Union (IGU) president Hans Jorgen Rasmusen said
\nyesterday.<\/p>\n
He said the increasing demand for natural gas made this
\nnecessary.<\/p>\n
Rasmusen, who is also vice president of Danish Oil and Natural
\nGas company, said development in natural gas technology would be
\ndiscussed at the world gas conference to be held in Copenhagen in
\nJune this year.<\/p>\n
He was in Jakarta to promote the conference and encourage
\nIndonesia's participation.<\/p>\n
Rasmusen said global consumption of natural gas in the year
\n2000 would be around 3,000 billion cubic meters a year.
\nConsumption would rise to 3,600 billion cubic meters in 2003, and
\nwould be between 4,000 and 6,000 billion cubic meters in the year
\n2010.<\/p>\n
\"There is a 3 to 5 percent growth rate per year,\" he said.<\/p>\n
Other topics to be discussed at the Copenhagen conference
\ninclude exploration, production and burner technology.<\/p>\n
\"There is a tremendous interest in the conference by world gas
\ncompanies,\" Rasmusen said.<\/p>\n
The IGU, which was established in 1930, held its last World
\nGas Conference in Milan in 1994. The conference attracted 4,000
\ndelegates.<\/p>\n
The Indonesian Gas Association, which is a member of the IGU,
\nhas 74 corporate and individual members.<\/p>\n
Indonesian Gas Association president Hadi Daryono, who is also
\njunior general director of state-owned oil company PT Pertamina,
\nsaid the Indonesian Gas Association aimed to exchange information
\non technology, production, transmission and distribution of
\nnatural gas among its members.<\/p>\n
He said Indonesia had a gas potential reserve of 267 trillion
\nstandard cubic feet, of which 115 trillion standard cubic feet
\nwere proven.<\/p>\n
He said gas production in Indonesia is 8.5 billion cubic feet
\nper day.<\/p>\n
\"Indonesian gas reserves will last for 40 years at the current
\nproduction level,\" he said, adding that it could be longer.<\/p>\n
He said 50 percent of the country's gas production was
\nexported to South Korea, Japan and Taiwan, 45 percent was used
\ndomestically including for fertilizer production and power
\ngeneration by state electricity company PT PLN, and 5 percent by
\nstate oil company PT Pertamina for liquefied petroleum gas.
\n(09)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/efficient-gas-production-needed-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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