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Fri, 11 Jul 2008
Government asks Industry to Cut Electricity Usage by 50 percent
Thursday, 10 July, 2008 | 15:27 WIBTEMPO Interactive, Jakarta: The State Electricity Company (PLN) suggested large consumer like industries and offices to reduce the electricity usage by 50 percent. “We can economize more,” said PLN's General Manager for distribution in Jakarta-Tangerang,...
Fri, 11 Jul 2008
Batam investors demand road repairs
Fed up after six years of neglect, investors in Batam have called on the government to do something about seriously damaged roads and port facilities that have caused billions of rupiah in business losses.
Thu, 10 Jul 2008
Power cuts turning investors off Indonesia - businesses say
PLN doesn't want to invest in new plants, mostly because they can't really be arsed, they get paid one way or the other, and on the other hand if they want to build a new plant, there's about a dozen (or more) civil "servants" all holding up their hand for a proper little bit of palm...
Thu, 10 Jul 2008
Economy expands 6.2% in H1 on strong consumption, investment
Aditya Suharmoko, The Jakarta Post, JakartaThe economy has grown by 6.2 percent in the first half of the year on the back of strong consumption and investment, Finance Minister Sri Mulyani Indrawati said Wednesday.
Thu, 10 Jul 2008
Internationalization of RI firms: A necessity
The Academy of International Business (AIB), which celebrated its 50th anniversary this year in Milan, just concluded a few days ago. More than 1,100 scholars presented their work and gurus gave impressive talks about the past, present and future of international business.
Thu, 10 Jul 2008
Biofuel use soon to become mandatory
Alfian, The Jakarta Post, JakartaThe government will impose a new regulation in October demanding manufacturing companies use at least 2.5 percent biofuel in their fuel consumption to reduce their dependency on fossil fuel.
Thu, 10 Jul 2008
Indonesia, world's largest producer of palm oil, to force manufacturers to use biofuel
Indonesia, the world's largest producer of palm oil, plans to force manufacturers to use biofuels for some of their energy needs to reduce dependence on imported oil amid soaring global prices.The government also wants to cut spending on fuel subsidies, which were put in place decades ago to...
Thu, 10 Jul 2008
Power cuts turning investors off Indonesia - businesses say
JAKARTA (Thomson Financial) - Foreign investors are shying away from Indonesia due to chronic power outages, the chairman of the country's business association said Tuesday as Jakarta prepared for two weeks of blackouts.
Thu, 10 Jul 2008
Government asks Industry to Cut Electricity Usage by 50 percent
Thursday, 10 July, 2008 | 15:27 WIBTEMPO Interactive, Jakarta: The State Electricity Company (PLN) suggested large consumer like industries and offices to reduce the electricity usage by 50 percent. “We can economize more,” said PLN's General Manager for distribution in Jakarta-Tangerang,...
Thu, 10 Jul 2008
Poor farmers boosted by bioethanol boom
Cassava farmers in Lampung are reaping the benefits of bioethanol factories springing up in the area, The Jakarta Post reported.Bioethanol refineries, including PT Medco Energy, PT Acida Tama, PT Madusari Lampung Indah (MLI) and PT Sungai Budi, have flourished in the area, lifting production...
Thu, 10 Jul 2008
Bakrie Sumatera to increase stake in Agri Resources
Shareholders of PT Bakrie Sumatera Plantations, an Indonesia's third-biggest publicly traded plantation company, agreed to a proposal to take control of Agri Resources BV, Bloomberg reported. Bakrie Sumatera will spend $41 million to increase its stake in Agri Resources to 51% from 25%, president...
Thu, 10 Jul 2008
Antam to team up with India's Jindal to produce steel
State-owned mining company PT Aneka Tambang (Antam) has said it will build a nickel smelter and stainless steel plant this year, in cooperation with Jindal Stainless Ltd from India, Asia Pulse reported.
Thu, 10 Jul 2008
Trade minister promotes Batam, Bintan and Karimun in Japan
Trade Minister Mari Pangestu arrived in Tokyo on Monday to attend an investment seminar in which she will promote the Free Trade Zone (FTZ) in Batam, Bintan and Karimun (BBK) in Riau Islands province, Asia Pulse reported.
Thu, 10 Jul 2008
Eterindo to acquire two oil palm plantations
Publicly listed bio-diesel producer PT Eterindo Wahanatama will spend Rp206.45 billion ($22.8 million) this year to acquire oil palm plantations in East and West Kalimantan, Asia Pulse reported.The acquisition will be financed with funds raised from the sales of its shares worth Rp180.
Thu, 10 Jul 2008
Indofood to build two sugar refineries
Publicly listed food giant PT Indofood Sukses Makmur will invest Rp1.2 trillion ($128 million) to build two sugar refineries in Pati, Central Java and in Ogan Komering Ulu, South Sumatra, Asia Pulse reported.
Thu, 10 Jul 2008
Saudis plan Rp600B rice estate investment
A consortium of 15 Saudi Arabian investors is ready to take part in the Merauke Integrated Rice Estate (MIRE), injecting at least Rp600 billion ($65.04 million) into the region, an official says, The Jakarta Post reported.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
I beleieve Medco owned about 32% and also committed all of its assets within Brantas to resolving the issue. Again, on this occassion, Medco were similar to Santos as only EMP & Brantas were involved in day to day operations.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: Polisi CepekOriginally Posted By: DilliPolisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals. In this case they had Santos as a major shareholder.. And Lapindo Brantas, part of Medco Energi, which fancies itself as a multinational.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Santos were not involved in the day to day, they only put the money up. Interestingly, it appears they were also the only partner properly insured, but, that did not help their shares taking a beating.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: DilliPolisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals. In this case they had Santos as a major shareholder..
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Cannot tell, never did any work with / for them, but I have heard a few stories which can be classified under "horror"
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
I assume CNOC doesn't fall under the "multinational" payung?
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Polisi, that bell rings throughout Indonesia, but, I will say, not with the multi-nationals.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
You stop all rotary table action and secure slips around the drill string, switch flow through the choke and kill manifold if not in use already and get prepared to increase the mud weight if a well kill is required (for example if constant circulation fails to get rid of the inflow).
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
A very interesting account, more detailed than those I've seen before. I have no expertise in this but I gather that part of the reason we will never know the truth is that the documentation which was sent to BP Migas on a continuous basis was often fictive.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: DilliJogja was used as an excuse...I included it to highlight the teflon shoulder approach they adopted.Yes, when the trip tank alarm goes off, everyone is supposed to take action to control the mud system, in this case they all ran away! I assume you directly stop drilling to...
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Jogja was used as an excuse...I included it to highlight the teflon shoulder approach they adopted.Yes, when the trip tank alarm goes off, everyone is supposed to take action to control the mud system, in this case they all ran away!
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Quote:THE CAUSE - in search for an explanationN E D E R L A N D SHere follows an attempt to explain what happened.The Porong district at East-Java, had for long time been an area with small villages, some factories, rice-fields, a relatively big river, and a highway connecting the big cities of...
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
What actually happened.....as far as I can make outBPJ-1 Well data sheet Well Name = Banjar Panji 1 Basin = East Java Basin Political Province = Jawa Timur Situation = Onshore Spud Date = March 08,2006 Well Class = Exploration New-field wildcat Operator = Lapindo Brantas Inc Contract area = Brantas...
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Captain Don Gentile's P-51B-5 MustangA One-Man Air ForceAllied Commander-in-Chief Dwight Eisenhower called Capt. Don Gentile his one-man air force. Captain Gentile compiled 28 “kills” of which 15� came while piloting his P-51B Mustang “Shangri-La”.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: DilliNormal temperature gradient is 0.1 degree C per every 100 feet. To get down to 180 C they would have to drill @ 4,000 feet. In that area, I think they would have a problem creating a stable well environment given the damage done to the formation already.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Normal temperature gradient is 0.1 degree C per every 100 feet metres. To get down to 180 C they would have to drill @ 4,000 feet. In that area, I think they would have a problem creating a stable well environment given the damge done to the formation already.
Thu, 10 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Well 40-60 C is bloody ambient in Sidoarjo so that isn't the source of the energy. I've looked at some of the low pressure non condensing turbines which will tick along at 8 or 9 bar (175-180C) and whilst they are nowhere near as efficient as high pressure condensors, no one much cares because the...
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Makes sense, but the whole area is now extremely fractured....I'll have to think about ths one!This is the statement that had me buggered..."Our plan looked feasible as the Sidoarjo mudflow temperature could reach 40 to 60 Celsius degree daily," he said.Wont work.
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Yes, now whether they cab dewater the lagoon to stabilize it is a possible benefit, and of course those poor penduduk porong yang belum dapat ganti rugi may well get some work, rather than just selling VCD's and offering guided tours.
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
so there's basically no connection with the mudflow then, they could be drilling anywhere with hot water underground?
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
By the time the mud hits the surface it has flashed off most of it's energy - thus that great plume of steam that you see when you pass Porong. You need to get it at pressure , and the easiesy way to do that is to tap it a depth - you have a couple of alternatives, create the superheated steam...
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
So they're not actually using the mudflow, but the place it came up from?
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: DilliWill 40 - 60 Degrees C allow the flash vessels to work effectively? Agreed the mud is thixotrophic but whatever they add will cool it, even taking water from the discharge cycle after cooling will take that temperature down considerably.
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: Polisi CepekSounds pretty unlikely. According to one of the independent foreign researchers studying the mud volcano, the whole thing is subsiding and will eventually form a crater.
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Will 40 - 60 Degrees C allow the flash vessels to work effectively? Agreed the mud is thixotrophic but whatever they add will cool it, even taking water from the discharge cycle after cooling will take that temperature down considerably.
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Originally Posted By: Dilli*Skeptical* It wont power turbines, they will need heat exchangers, how will they pump it trhough the system without cutting the pumps to bits, I could go on.... It's going to go ahead without a doubt, Taswin is no fool, and his investments in Bioethanol will go some way...
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Sounds like a case of someone's PR firm trying to eek some good news out a major misdeed. Like Freeport desperately trying to make concrete from its tailings. They could pave the whole fucking island ad still have plenty left over still smothering the once-was forest.
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Sounds pretty unlikely. According to one of the independent foreign researchers studying the mud volcano, the whole thing is subsiding and will eventually form a crater. Sine you'd want the mud at the hot spot to flow past the heat exchangers (or whatever), you have to have the damn thing floating...
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
They are probably just going for the whole heat exchange bit, since the mud flows on it's own you don't need to pump it, but question that begs asking is where is that mud gonna go after they're done with it? Doesn't look like a very permanent solution to stick a power plant on top of it if said...
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
Yes it's a bit stodgy isn't it? As well as poisonous. (The mud I mean).
Wed, 09 Jul 2008
U.S. firm mulls building geothermal power plant from Sidoarjo mudflow
A U.S.-based consortium Vlocity Holding Inc. said it plans to build a 2000-Megawatt (MW) geothermal power plant from the Sidoarjo mudflow.Vlocity director Taswin Tarib said his consortium could invest US$5 billion in the project should the government agree with the plan.
Wed, 09 Jul 2008
Land problems leave housing projects in limbo: Govt
Land acquisition problems are threatening the government's ambitious five-year project to secure 1.3 million subsidized housing units through the construction of apartments and houses in cities.Expensive land prices provoked by legal battles over land acquisitions have impeded the construction of...
Wed, 09 Jul 2008
Property market in RI almost opaque to foreign investors
The Jakarta Post, JakartaForeign investors are wary about investing in the Indonesian real estate market due to a low level of information transparency and restricted access to the market, a report says.
Wed, 09 Jul 2008
RI cocoa production floored by pests while global prices rise
Indonesia's cocoa production fell 7.6 percent to 480,000 tons in the first half of this year compared to in the same period last year due to failure to prevent pest attacks, an association says.Halim Razak, chairman of Indonesia's Cocoa Producers Association (Askindo), said Monday the fungus and...