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2017-02-10 18:30:00

INDONESIA NEEDS $80 BLN INVESTMENTS

INDONESIA NEEDS $80 BLN INVESTMENTS

PLATTSIndonesia needs to invest $70 billion to $80 billion in gas infrastructure through 2030 to avoid a potential gas shortage, as domestic consumption growth outpaces supply, state-owned energy business Pertamina said Tuesday. 

An expanding economy and growing middle class are the key drivers of energy consumption, which continues to grow by around 4-5% a year. 

Natural gas accounts for approximately 15% of the country's energy needs, and…

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Tags: INDONESIA, GAS, INVESTMENTS, PERTAMINA

Chronicle:

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