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Gold/Mining/Energy : LNG

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To: Dennis Roth who wrote (40)1/26/2004 9:42:53 AM
From: Dennis Roth  Read Replies (1) of 919
 
INDONESIAN GOVT TO BUILD NEW LNG PLANT
biz.yahoo.com

JAKARTA - The government plans to build another liquefied natural gas [LNG] plant in Bontang, East Kalimantan, to supply gas to the country's fertilizer plants, Energy and Mineral Resource Minister Purnomo Yusgiantoro said. Bontang already has the country's largest plant producing LNG for export under long term contracts with foreign buyers. The new plant will help overcome any shortage in gas supplies in a number of urea fertilizer plants in the country. Asean Aceh Fertilizer (AAF) and Pupuk Iskandar Muda, two large urea fertilizer plants in Aceh, have suspended operations due to shortage of gas supplies from ExxonMobil.
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