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Natural Gas Reserves in Indonesia
- By Oil and Gas Author
- Published 09/2/2006
- Crude Oil Petroleum , Natural Gas Petroleum , Exploration and Discoveries , Liquefied Natural Gas LNG , Oil Drilling and Completion , Oil Gas Companies , Oil and Natural Gas Prices , Offshore Drilling , Petroleum Pipeline
- Unrated
The 400-mile Natuna Pipeline is one of the longest undersea gas pipelines in the world, bringing Natural Gas from blocks operated by Premier Oil, ConocoPhillips, and Star Energy to customers in Singapore. Singapore is a major consumer of Indonesian gas, which it uses for its growing electricity generation needs. New pipeline proposals that would link East Natuna with the Phillipines are under consideration, but the high financing costs and security concerns in regions to be traversed by the lines make the projects unlikely.
In another possible use for Indonesias natural gas resources, Shell is examining the possibility of building a gas-to-liquids (GTL) plant in Indonesia. The plant, if the project goes forward, would produce 70,000 bbl/d of diesel and other middle Distillates using the Fischer-Tropsch GTL process.
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