US market beckons louder for Indonesia's LNG

Indonesia is to hold more talks with Sempra Energy and Marathon Oil Corp on supplying LNG to American West Coast next month after having already signed an MOU with Sempra in early September.
US market beckons louder for Indonesia's LNG US market beckons louder for Indonesia's LNG US market beckons louder for Indonesia's LNG US market beckons louder for Indonesia's LNG US market beckons louder for Indonesia's LNG

According to BP Migas chief Rachmat Sudibyo, the Indonesian oil and gas watchdog body would still hold further talks with the two US companies because of the need for further discussion concerning "commercial and technical issues to pave the way for a gas sales agreement."

Sudibyo was speaking to reporters at a recent press conference.

The regulatory body's marketing division chief, Djoko Harsono, confirmed that the two American companies were looking to buy between four million and six million tonnes per year of LNG each.

Indonesia is the world's top exporter of LNG but its traditional markets have always been South Korea and Japan.

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