Following the success of renegotiate the price of LNG Tangguh to China, the government also intends to renegotiate the price of LNG to South Korea, which is K-Power and Posco.
In the 20-year tenured contracts, LNG prices for both companies is USD 4.1 / MMBTU with a total sold volume of 1 million tons/year, which is distributed by the same amount to the two companies.
The government's efforts at this time is to raise the price of LNG to USD 8 / mmbtu. The challenge was very hard. One of the employees of SKK Oil and Gas stated, not like the treaty with China, there is no clause of price change with the South Korea. (Bisnis Indonesia)
for Indonesia Market Summaries 2 July 2014
Showing posts with label SKK Migas. Show all posts
Showing posts with label SKK Migas. Show all posts
Wednesday, July 2, 2014
Monday, August 26, 2013
SKK Migas overhaul the management structure
Special Unit the Upstream Oil and Gas (SKK Migas) finally overhaul the management structure to maintain the upstream oil and gas investment climate. Information obtained, the inauguration of SKK Migas' leaders held on Monday (26/8) at 15:00 pm in their office. Not yet clear who will be replaced in the inauguration.
Rumors that a number of SKK Migas official name will be replaced, including Deputy of Operations Control Mr Muliawan, Deputy of Financial Control Mr Akhmad Syakhroza, Deputy of Commercial Control Mr Widhyawan Prawiraatmadja, Deputy of Business Support and Control Mr Gerhard M Rumeser.
Meanwhile, officials touted replacements include former Deputy of Legal of BP Migas Mr Lambok Hutahuruk.
Susilo Siswoutomo, Deputy of Minister of Energy and Mineral Resources, previously said they had received several proposals related to the change of leadership. The proposal will be reviewed before proposed to be established and appointed by the Minister.
Corresponding to Presidential Decree (Peraturan Presiden / Perpres) No. 9/2013 on the Implementation of Management of the Upstream Oil and Gas, the turn of deputy and officials level proposed by chief of SKK Migas to Minister of Energy and Mineral Resources. Furthermore, upon the proposal, the Minister ask for approval to the Supervisory Commission.
for Indonesia Market Summaries
Rumors that a number of SKK Migas official name will be replaced, including Deputy of Operations Control Mr Muliawan, Deputy of Financial Control Mr Akhmad Syakhroza, Deputy of Commercial Control Mr Widhyawan Prawiraatmadja, Deputy of Business Support and Control Mr Gerhard M Rumeser.
Meanwhile, officials touted replacements include former Deputy of Legal of BP Migas Mr Lambok Hutahuruk.
Susilo Siswoutomo, Deputy of Minister of Energy and Mineral Resources, previously said they had received several proposals related to the change of leadership. The proposal will be reviewed before proposed to be established and appointed by the Minister.
Corresponding to Presidential Decree (Peraturan Presiden / Perpres) No. 9/2013 on the Implementation of Management of the Upstream Oil and Gas, the turn of deputy and officials level proposed by chief of SKK Migas to Minister of Energy and Mineral Resources. Furthermore, upon the proposal, the Minister ask for approval to the Supervisory Commission.
for Indonesia Market Summaries
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