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Posts Tagged ‘Hendi Prio Santoso’

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)