Indonesian Political, Business & Finance News

U.S. assists gas study

| Source: JP

U.S. assists gas study

JAKARTA (JP): The United States Trade and Development Agency
will provide US$302,400 for a natural gas development study in
Indonesia aimed at helping the government establish a policy for
the sector and create an infrastructure framework.

Minister of Mines and Energy Kuntoro Mangkusubroto said on
Tuesday the government felt developing a gas master plan was
necessary to develop the country's natural gas industry. He also
said this study would provide key input for this master plan.

The study will include market identification, a review of
proven natural gas reserves to be used for domestic consumption,
conceptual design of the transmission and distribution systems,
investment phasing, procurement and pricing policy proposals and
recommendations for codes and standards.

"This study will further stimulate and provide guidance to
investors," Kuntoro said.

He said the money was earmarked for Lemigas, a state-run oil
and gas research and development center, while The Gas Technology
Center, with its international counterpart the Institute of Gas
Technology, would act as project consultants.

He said the U.S. agency would also assist in designing an
infrastructure framework in West and East Java. (01)

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