Pertamina may delay selling Sulawesi's gas<\/p>\n
Bloomberg, Jakarta<\/p>\n
Pertamina, Indonesia's state oil and natural gas company, said
\nit may delay marketing of gas from fields in Central Sulawesi to
\nMexico and the U.S. after drilling showed less gas than
\nestimated.<\/p>\n
The company found 3.14 trillion cubic feet of proven gas
\nreserves from three wells in Donggi, compared with 20 trillion to
\n22 trillion cubic feet of proven and potential gas reserves
\nestimated by Pertamina last year, President Director Baihaki Hakim
\nsaid.<\/p>\n
\"We have to find 9 trillion cubic feet reserves before we
\ncan start marketing Donggi,\" Baihaki told reporters. \"I still
\nbelieve it has at least 20 trillion cubic feet of reserves. We
\nwill drill three more wells this year to find more.\"<\/p>\n
The company earlier planned to certify the gas from Donggi in
\nMarch and start seeking buyers this year, Baihaki said. The lower-
\nthan-estimated discoveries forced the company to delay the
\ncertification, it said.<\/p>\n
Donggi is adjacent to the Senoro-Toili field that Pertamina
\nis exploring with PT Medco Energi Internasional, its partner in a
\nplanned development of the country's fourth liquefied natural gas
\nplant. Pertamina plans to liquefy the gas at a plant in Sulawesi
\nand ship it to the U.S. West Coast and Mexico.<\/p>\n
Marathon Oil Corp., the No. 4 U.S. oil company, would build a
\n$900 million receiving terminal in Baja California, Mexico, to
\nturn the liquid fuel back into gas.<\/p>\n
The Sulawesi LNG plant would have two LNG trains, or
\nproduction lines, able to produce 6 million tons a year.<\/p>",
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