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2014-04-21 18:40:00

2015: DOUBLE LNG DEMAND

2015: DOUBLE  LNG  DEMAND

Indonesian demand for liquefied natural gas (LNG) is expected to double to 56 cargoes in 2015 compared to this year, said a senior official with state electricity utility PT Perusahaan Listrik Negara (PLN).

Indonesia's domestic gas fields are struggling to keep up with surging power demand in Southeast Asia's largest economy, forcing it to look overseas for supplies.

Thirty-eight of the 56 LNG cargoes needed next year will go to PLN's gas-fired power stations in Jakarta and other West Java cities, PLN oil and gas division chief Suryadi Mardjoeki told Reuters by phone.

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Tags: INDONESIA, LNG, GAS

Chronicle:

2015: DOUBLE  LNG  DEMAND
2019, April, 19, 09:15:00

S.KOREA RENEWABLE ENERGY

South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.

2015: DOUBLE  LNG  DEMAND
2019, April, 19, 09:10:00

UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

2015: DOUBLE  LNG  DEMAND
2019, April, 19, 09:05:00

U.S. TRADE DEFICIT $49.4 BLN

the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,

2015: DOUBLE  LNG  DEMAND
2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.

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