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| Tangguh Field, West Papua, Indonesia |
Indonesia is still exporting natural gas at low prices to South Korea. It costs $ 4.1 per MMBTU until 2034. however it is very difficult to raise the export price of gas, because there is no renegotiation clause in the contract of sale of gas.
"Fujian with Korea is different. Because on the gas export contract to Fujian there is a price review (assessment rates) once every 4 years. Korea does not exist, then the challenge is there," said Chief Executive Indonesia Oil and Gas, Johanes Widjonarko at the Ministry of Energy and Mineral Resources office, Jakarta.
"Fujian with Korea is different. Because on the gas export contract to Fujian there is a price review (assessment rates) once every 4 years. Korea does not exist, then the challenge is there," said Chief Executive Indonesia Oil and Gas, Johanes Widjonarko at the Ministry of Energy and Mineral Resources office, Jakarta.
Widjonarko said, although there are no studies on the contract sales price of natural gas to South Korea, the government is still trying to keep the price of gas exports could be raised.
"It means that if they do not agree its okay, But our efforts and we always desire to raised it. We must talk with Korea later, hopefully there is no problem," he said.
But i can not promise when the contract can be achieved for renegotiation.
"I can not promise when finished, because there is no price review, we hope they do not reject the Indonesian government's request. Due to the price of gas is only $ 4.1 per MMBTU during 2034, 1.2 million tons each to Posco and to the K Power, "he concluded.
"It means that if they do not agree its okay, But our efforts and we always desire to raised it. We must talk with Korea later, hopefully there is no problem," he said.
But i can not promise when the contract can be achieved for renegotiation.
"I can not promise when finished, because there is no price review, we hope they do not reject the Indonesian government's request. Due to the price of gas is only $ 4.1 per MMBTU during 2034, 1.2 million tons each to Posco and to the K Power, "he concluded.
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