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Indonesian Coordinating Minister for Economic Affairs noted the increase in Chinese imports of raw materials and capital after the entry into the ASEAN-China free trade began earlier this year. Later balance of exports and imports of Indonesia generally lame now been balanced.

Deputy Industry and Trade Edy Putra Irawady said the government was wary of rising Chinese imports. There are several possible causes. First, begin the entry of Chinese investment. Secondly, effective crisis management for finished goods imports in place since the end of 2008. Thirdly, many outstanding Chinese goods do not come from China.

“He went into another country, but not getting a response so that the entry into Indonesia,” he said in Jakarta last weekend. Therefore, the current government of overseeing China’s imported goods. Supervision done on expired, materials, and so forth. “We see again why many fugitives from Malaysia and Singapore,” said Edy.

Separately, Coordinating Minister for Economic Hatta Rajasa said Indonesia’s trade volume up high. So also with the import of capital goods rose 30 percent over the same period last year. This means that there will be an increase in productivity to increase production capacity and exports. “There is a strong trend, rising. This will be our advantage but also to maintain,” he said.

RIEKA RAHADIANA

PT Perusahaan Gas Negara (PGN) Tbk asked to examine the possibility of storage management (storage) of gas owned by PT Arun. The objective is to optimize production assets that Arun had begun to fall.

PGN President Director Hendi Prio Santoso said the State Owned Enterprises Minister Mustafa Abubakar asked the company will explore the potential use of the assets of the Arun. “This is still the assumption, can be used as storage or shelter,” he encountered after the establishment of LNG receiving terminal operating company of West Java, PT Nusantara Reges, in the office of the Ministry of SOEs yesterday.

Worries the government, he continued, began to decline in production due to Arun that would cause the company facilities in Lhokseumawe was not utilized. According Hendi, a shelter that can be used as a major depot for the domestic market needs. While a small depot in the form of the floating terminal to be built in Medan, North Sumatra, West Java, and East Java. “(Gas) was accommodated in Arun ago (streamed) interinsuler or Inter-island traffic,” Hendi explained.

Earlier, Mustafa said an investment figure of U.S. $ 50-60 million to modify the asset Arun. Hendi said the value was still an initial estimate and may change.

“This remarkable breakthrough for the solution to our gas problem,” Mustafa said in his office yesterday the appointment of the PGN’s gas storage manage Arun.

According to him, at the Arun gas accommodate an option for overcoming the lack of gas supply for domestic strategic industries.

“Arun gas can be imported shelter while waiting for the third terminal is finished,” said Mustafa. SOE Ministry target of this project was completed in mid 2011.

Director General of Oil and Gas, Ministry of Energy and Mineral Resources, Evita Legowo, said the government still leaves open the possibility of other gas companies to manage the assets of the Arun. “I do not have to PGN, but we see now.(source tempo)