JNOC, Pertamina to study GTL projects<\/p>\n
Dow Jones, Tokyo<\/p>\n
State-run Japan National Oil Corp., or JNOC, said Thursday it
\nwill conduct a joint feasibility study with Indonesia's state-
\nowned Pertamina on the viability of JNOC's gas-to-liquids
\ntechnology for gas fields in Indonesia.<\/p>\n
GTL, the technology for converting natural gas to middle
\ndistillate liquids, has received attention in recent years as the
\ntechnology is able to produce near-zero sulfur, or extremely
\nenvironmentally friendly, fuels.<\/p>\n
During the next 15 months through March 2003, JNOC and
\nPertamina will conduct studies that include screening gas fields,
\npreparing a development plan, designing and evaluating a GTL
\nplant, marketing GTL products and economic evaluation of the
\nproposed project.<\/p>\n
JNOC is expected to spend about 100 million yen on the study,
\na JNOC official said. Pertamina will also pay for its part, but
\nan estimated amount isn't available.<\/p>\n
JNOC and five Japanese companies - Japan Petroleum Exploration
\nCo., Chiyoda Corp., Cosmo Oil Co., Nippon Steel Corp. or and
\nINPEX Corp. - are currently testing their GTL technology at a
\npilot plant.<\/p>\n
According to JNOC, a lot of small- and medium-sized gas fields
\nin Indonesia are untapped because of economic and technical
\ndifficulties.<\/p>\n
Development of such gas fields would contribute to stable
\nenergy supply and environmental protection in the Southeast Asia
\nregion including Indonesia, JNOC said in a statement.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/jnoc-pertamina-to-study-gtl-projects-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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