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2018-02-07 07:35:00

INDONESIA - IAEA COOPERATION

INDONESIA - IAEA COOPERATION

WNN - The International Atomic Energy Agency (IAEA) and Indonesia signed a practical arrangement yesterday to promote nuclear science and technology, and to strengthen technical cooperation among developing countries.

The agreement - aimed at strengthening the existing cooperation between the IAEA and Indonesia - was signed in Jakarta by IAEA Director General Yukiya Amano and Indonesian Minister for Research, Technology & Higher Education Mohamad Nasir.

Indonesia has worked with the IAEA for the past 61 years.

Nasir said the signing of the agreement is deemed necessary to encourage technical cooperation between developing countries and the strengthening of South-South cooperation.

"With this signing, Indonesia can further support the IAEA to share and deliver capacity to other countries, under the IAEA's main mandate to expand the contribution of nuclear energy to peace, health and welfare worldwide," he said.

The IAEA says nuclear energy is relevant to most of the 17 Sustainable Development Goals (SDGs) adopted by the United Nations General Assembly in 2015.

To achieve food self-sufficiency and SDGs, Indonesia - with the support of the IAEA - has developed two important projects. The first deals with intensifying the quality of soybean production to improve productivity and profitability of soybean farming. The second involves the use of nuclear techniques, such as immuno-radio tests and stable isotopes to increase livestock production and improve the management of locally-based feed.

Indonesia's National Atomic Energy Agency (Batan) is promoting the introduction of nuclear power plants to help meet the county's demand for power. It envisages the start-up of conventional large light-water reactors on the populous islands of Bali, Java, Madura and Sumatra from 2027 onwards. In addition, it is planning small HTGRs (up to 100 MWe) for deployment on Kalimantan, Sulawesi and other islands to supply power and heat for industrial use.

Prior to the introduction of commercial reactors in Indonesia, Batan is considering building a test and demonstration HTGR with an electrical output of 3-10 MWe and a thermal output of 10-30 MWt.

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Earlier:

CHINA - INDONESIA DEVELOPMENT
2018, January, 12, 12:35:00

CHINA - INDONESIA DEVELOPMENT

PLATTS - China's state-controlled oil giants are sitting on record-high cash pile of $35 billion and their free cash flow generation is close to double-digit yields, paving the way for more mergers and acquisitions along with higher oil prices over coming years,

 

 INDONESIA'S INVESTMENT UP BY 21%
2017, December, 27, 12:15:00

INDONESIA'S INVESTMENT UP BY 21%

PLATTS - Indonesia's state-owned Pertamina plans to spend $3.324 billion on its upstream business in 2018, a 21.16% jump year on year.

 

 

 Nuclear
2017, December, 15, 12:55:00

NUCLEAR - 2050: 25%

WNN - According to the Foratom statement, World Nuclear Association Director General Agneta Rising said: "By 2050, nuclear energy must account for 25% of energy generation if we are to meet our climate targets. With nuclear making up 11% of generation in 2014, an extra 1000 GWe in nuclear capacity will need to be built by 2050. However, meeting this goal will not be easy."

 

 РОСНЕФТЬ И PERTAMINA ДЛЯ ИНДОНЕЗИИ
2017, December, 4, 22:45:00

ROSNEFT & PETRAMINA FOR INDONESIA

ROSNEFT - Rosneft and Indonesian state-owned oil and gas company Pertamina completed the establishment of the joint venture for the development of Tuban grass root refinery and petrochemical complex (TGRR) in Tuban in the East Java province of Indonesia.

 Nuclear
2017, November, 9, 13:50:00

EIA: NUCLEAR ENERGY WILL UP

EIA projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines in nuclear capacity in the United States, Japan, and countries in Europe.

 

Nuclear
2017, October, 25, 21:26:00

THE BIGGEST ASIAN NUCLEAR

WNN - Asian countries continue to dominate the market for new nuclear build, according to a newly-released report from the World Nuclear Association. Of the 10 new nuclear power reactors that started up worldwide in 2016, eight were located in Asia.

 

 INDONESIAN OIL UP 12%
2017, August, 17, 15:10:00

INDONESIAN OIL UP 12%

Indonesia's state-owned Pertamina has produced 343,000 b/d of crude oil in the first-half of 2017, up 12% year on year, upstream director Syamsu Alam said late Wednesday. "I think the crude production this year can meet our 2017 target of 354,000 b/d. But gas production may be ... lower compared with the target of 2.08 Bcf/d, due to lower demand and some gas fields [not being able to] produce," he said.

 

 

 

 

Tags: INDONESIA, IAEA, NUCLEAR, POWER

Chronicle:

INDONESIA - IAEA COOPERATION
2018, May, 21, 10:40:00

U.S. PETROLEUM DEMAND UP BY 750 TBD

API - American Petroleum Institute reported that the first four months of this year saw U.S. petroleum demand average 750 thousand barrels a day above the same period in 2017 despite higher prices, a sign of solid economic activity. April also saw the U.S. produce a record 10.5 million barrels per day (MBD) of oil.

INDONESIA - IAEA COOPERATION
2018, May, 21, 10:35:00

IMF: EGYPT'S GROWTH UP

IMF - “Egypt’s growth has continued to accelerate during 2017/18, rising to 5.2 percent in the first half of the year from 4.2 percent in 2016/17. The current account deficit has also declined sharply, reflecting the recovery in tourism and strong growth in remittances, while improved investor confidence has continued to support portfolio inflows. In addition, gross international reserves rose to $44 billion by end-April, equal to 7 months of imports.

INDONESIA - IAEA COOPERATION
2018, May, 21, 10:30:00

U.S. RIGS UP 1 TO 1,046

BAKER HUGHES A GE - U.S. Rig Count is up 1 rig from last week to 1,046, with oil rigs unchanged at 844, gas rigs up 1 to 200, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 4 rigs from last week to 83, with oil rigs up 6 to 38 and gas rigs down 2 to 45.

INDONESIA - IAEA COOPERATION
2018, May, 18, 09:20:00

OIL PRICE: ABOVE $79

REUTERS - Brent crude futures LCOc1 were at $79.57 per barrel at 0310 GMT, up 27 cents, or 0.3 percent from their last close. Brent broke through $80 for the first time since November 2014 on Thursday. U.S. West Texas Intermediate (WTI) crude futures were at $71.62 a barrel, up 13 cents, or 0.2 percent, from their last settlement.

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