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Gresik to finish 2002 report in March: The country's largest cement maker PT Semen Gresik hopes to be able to complete the audit of its consolidated 2002 financial accounts by March 2004, three months later than originally planned. Company president Satriyo did not provide clear reasons for the delay. He said on Tuesday a new auditor would be selected next week from three candidates including PricewaterhouseCoopers, Ernst & Young, and KPMG. The publicly listed firm has not been able to submit its audited financial report for 2002 mainly due to employee protests at its West Sumatra subsidiary PT Semen Padang. -- JP
West Natuna gas supply being restored: The leak in the 650- kilometer underwater pipeline which supplies natural gas from West Natuna's offshore gas producers (ConocoPhilips, Star Energy and Premier Oil) to Singapore's Sembawang Corp. has been isolated, Singapore's Energy Market Authority (EMA) said on its website. It added that partial gas supply of up to 65 percent of the Gas Sales Agreement was being restored. The partial restoration is expected to be completed by Wednesday morning. Power generation companies using the natural gas, such as Senoko Power, PowerSeraya and Tuas Power continue to use alternative fuel for electricity generation to make up for the shortfall of natural gas. The incident did not disrupt electricity supply to consumers on the island-state, EMA said --JP