Indonesian Political, Business & Finance News

RI eyes China's LNG market

| Source: JP

RI eyes China's LNG market

JAKARTA (JP): President of state oil and gas company
Pertamina Martiono Hadianto said on Wednesday he would leave for
China to market the liquefied natural gas (LNG) to be produced by
American energy company Atlantic Richfield Company (ARCO) in the
Wiriagar area of Irian Jaya.

"I reported to the president that I will be visiting China to
see about the possibility of selling Arco's LNG there," Martiono
said after emerging from a meeting with President B.J. Habibie.

According to Martiono, China has a huge demand for clean
energy.

He said he would leave for China on Saturday for a four-day
visit, during which he would meet with the country's energy and
development planning officials.

Arco and partners have found a proven and probable gas reserve
of 18.7 trillion cubic feet (tcf) in the area. (prb/jsk)

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