Arun exported 11.3m tons of LNG to S. Korea in 1996
Arun exported 11.3m tons of LNG to S. Korea in 1996
JAKARTA (JP): PT Arun Lhokseumawe in North Aceh exported last
year 11.3 million tons of liquefied natural gas (LNG) in 200
shipments to South Korea, the company's general manager H.
Sunardi said over the weekend.
Speaking to reporters after signing an agreement on extended
cooperation between PT Arun Lhokseumawe and the University of
Syiah Kuala in Banda Aceh, he said that up to now, PT Arun had
made 2,827 shipments of LNG to the country.
He did not elaborate. Arun's LNG export to South Korea was
part of Indonesia's total LNG exports of about 25.65 million tons
last year.
According to Korea Gas Corporation, South Korea needs 10
million tons of LNG every year, of which 70 percent is imported
from Indonesia. The other 30 percent is imported from Malaysia,
Brunei and Australia.
Indonesia signed an LNG purchase agreement -- a medium-term
contract -- with South Korea in 1994 with a committed volume of
6.08 million tons for the 1995/1999 period.
Their second medium-term contract for LNG purchase was signed
last July with a committed volume of 3.92 million tons of LNG for
the 1995/1999 period.
Indonesia's state-owned Pertamina has also secured three long-
term contracts of LNG with Korea Gas Corporation. The first long-
term contract for the 1986/2007 period is for 2.3 million tons
per year.
The second deal for the 1994/2014 period calls for the
shipment of 2.05 million tons per year and the third for the
1998/2017 period for 1.02 million tons per year.
Indonesia, the world's largest producer of LNG -- with two LNG
refineries in Arun, Aceh, and Bontang, Kalimantan -- produced
25.65 million tons of LNG last year, which was exported to Japan,
South Korea and Taiwan.
Arun's production capacity of LNG last year was 68,753 cubic
meters per day, of LPG Propana about 2,950 cubic meters per day
and LPG Butana about 2,785 cubic meters and condensate at an
average 79,665 cubic meters per day.
With capacity expansion in Bontang and the new discoveries of
gas reserves in Natuna and Irian Jaya, Indonesia expects to
increase its LNG exports to 27 million tons per year in 2003.
Sunardi said that last year, PT Arun also exported 1.26
million tons of liquefied petroleum gas (LPG), of which 0.64
million tons was LPG Propana and 0.62 million tons LPG Butana.
"The company's export of condensate last year reached 29
million barrels with 81 shipments," he said, Antara reported.
The company won the 12th Sword of Honor from the British
Safety Council for its achievements in plant safety, and won the
3rd Star Award from the same institution. (bnt)