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2019-08-14 12:10:00

INDONESIA NEED INVESTMENT $15 BLN

INDONESIA NEED INVESTMENT $15 BLN

REUTERS - Indonesia may require an estimated $15 billion in investment to meet its target of reaching 7.2 gigawatts (GW) of geothermal power capacity by 2025 and is studying ways to reduce project costs, an energy ministry official said on Tuesday.

The capacity would be an increase from less than 2 GW of geothermal power currently, the Ministry of Energy and Mineral Resources's Director General of Renewable Energy F.X. Sutijastoto told reporters at a conference on geothermal energy.

Earlier at the conference, Indonesian Vice President Jusuf Kalla said…

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Earlier:

INDONESIA NEED INVESTMENT $15 BLN
2019, August, 7, 12:00:00
INDONESIA'S GAS EXPORTS DOWN
Indonesia's natural gas exports, including both pipeline and LNG, are expected to fall to a two-decade low in 2019, marking the furthest it has dropped since peaking in the late 1990s, on the back of depleting gas fields and the lack of new upstream projects.
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 6, 12:35:00
РУССКИЕ ИНВЕСТИЦИИ В ИНДОНЕЗИЮ
МИНПРОМТОРГ РОССИИ - Российские компании выразили интерес к реализации в Индонезии инфраструктурных и энергетических проектов, а также к увеличению товарооборота между странами. По итогам форума сторонами был подписан меморандум о взаимопонимании.
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 2, 11:35:00
INDONESIA'S LNG UP
Indonesia will no longer need to import LNG by 2025 to meet the shortfall in domestic natural gas production as previously expected, as the country brings new projects on stream by 2024, the energy minister told reporters Wednesday.
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 2, 11:30:00
INDONESIA'S GDP UP 5.2%
The Indonesian economy performed well in 2018, despite external headwinds, including capital flow reversals. Growth stabilized at above 5 percent, as robust domestic demand offset a decline in net exports.
INDONESIA NEED INVESTMENT $15 BLN
2019, July, 25, 20:05:00
ADNOC, PERTAMINA AGREEMENT $2.5 BLN
ADNOC has signed an agreement with Indonesia's state energy company Pertamina to collaborate in both countries and internationally. Indonesia' foreign ministry said that the partnership could be worth up to $2.5bn.
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Tags: INDONESIA, RENEWABLE, GEOTHERMAL, ENERGY
Chronicle:
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 23, 10:50:00
ROSNEFT SALES VENEZUELA'S OIL
Rosneft, which produces around five percent of the world’s oil, is now taking care of shipping and marketing operations for the bulk of Venezuelan oil exports, ensuring that PDVSA can continue to supply buyers.
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 23, 10:45:00
ROSNEFT SWITCH TO EURO
Rosneft last week asked buyers to use the euro as the default currency for the first time in a spot tender to sell naphtha
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 23, 10:40:00
ROSNEFT IN MOZAMBIQUE
Rosneft Oil Company and the National Petroleum Institute (Instituto Nacional de Petróleo, INP) have signed a Cooperation Agreement. The document was signed by Chief Executive Officer of Rosneft Oil Company Igor Sechin and Chairman of INP Carlos Zacarias. In addition, Rosneft has signed a Memorandum on Expansion of cooperation in Mozambique with the National Hydrocarbon Company (Empresa Nacional de Hidrocarbonetos, ENH).
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 23, 10:35:00
ADNOC CONTRACTS $3.6 BLN
The Abu Dhabi National Oil Company (ADNOC) announced, today, the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement. The combined scope of the three contracts awarded is one of the world’s largest in this category, maximizing value for ADNOC across its drilling value chain and underpinning its strategy to deliver a more profitable upstream business.
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 23, 10:30:00
THE NEW CANADA'S LNG
Woodfibre LNG, a subsidiary of Singapore-based Pacific Oil and Gas Ltd., is finalizing its engineering, procurement and construction contract, which company president David Keane expects to sign “at the end of the summer or shortly thereafter” before construction begins on the LNG export facility in Squamish, British Columbia.
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 23, 10:25:00
U.S. WANT VIETNAM OIL AND GAS
U.S. energy firms had interests in the South China Sea and Washington was “committed to bolstering the energy security of our partners and allies in the Indo-Pacific region and in ensuring uninterrupted regional oil and gas production for the global market.”U.S. warships have conducted periodic “freedom of navigation” operations in the South China Sea to challenge China’s claim to nearly all of the strategic waterway.
INDONESIA NEED INVESTMENT $15 BLN
2019, August, 21, 12:35:00
OIL PRICE: ABOVE $60
Brent had gained 26 cents, or 0.43%, to $60.29 a barrel, WTI was up 3 cents, or 0.05%, at $56.16 a barrel.
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