Asian Development Bank releases funds for Sumatra power grid – Petromindo.com

  by Romel S. Gurky The Asian Development Bank (ADB) announced on Wednesday the first disbursement of US$120 million under a $600 million results-based lending (RBL) program to strengthen the electricity grid in Sumatra, after the state-owned power company Perusahaan Listrik Negara (PLN) met the conditions for release of the funds. “Disbursing against results helps […]

Indonesia to import gas starting in 2019 – Petromindo.com

by Febry Silvan, Petromindo.com Indonesia is projected to import gas in 2019 for the first time in the country’s history, according to senior official of the ministry of energy and mineral resources. Indonesia’s import needs in 2019 will amount to 1,777 mmscfd based on the country’s gas balance through 2030, Director of Program Oversight Agus Cahyono […]