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  4. Indonesian LNG plant could decrease 2019 output

Indonesian LNG plant could decrease 2019 output

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LNG Industry,

According to Reuters, the Donggi Senoro LNG plant in Indonesia might look to lower its 2019 output from an initial estimate of 43 cargoes due to the current low gas price.

Reuters reports that Kurniawan Rahardjo, director at PT Donggi Senoro LNG (plant operator), noted that, out of the estimated output, 31 – 32 cargoes already have committed long-term buyers; six have been sold on the spot market; and the rest have not yet been sold. Last year, the company produced 41 LNG cargoes, with eight sold on the spot market.

Rahardjo said: “Production outlook to the year end may be lower than 43 cargoes.

“We will continue to monitor price, which may improve toward the winter time.”

Read the article online at: https://www.lngindustry.com/liquefaction/01082019/indonesian-lng-plant-could-decrease-2019-output/

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