JAKARTA, April 29 Indonesia may soon seek buyers
for 20 excess cargoes of liquefied natural gas (LNG) for
delivery this year and next after existing supply contracts
expire, an official at the upstream oil and gas regulator (SKK
"There are around 20 uncommitted cargoes from Bontang,
because several export contracts are expiring," SKK Migas
commercial director Widhyawan Prawiraatmadja told Reuters on
"We are working with (state-owned oil company) Pertamina to
market the cargoes to existing LNG buyers," he added.
The Bontang plant processes LNG from the output of gas
fields in the Mahakam River delta in East Kalimantan,
Indonesia's main gas-producing region.
The energy ministry will first need to sign off on the price
and the sale of the cargoes, Widhyawan said.
There is a high possibility that the excess cargoes will be
absorbed by the domestic market in 2016. Gas demand in Southeast
Asia's largest economy is expected to increase sharply.
The Bontang plant is jointly operated by Pertamina
, Vico Indonesia (previously HUFFCO), French oil major
Total and an Indonesian subsidiary of Japan's Sumitomo
Corporation and Sojitz Corp.
(Reporting by Wilda Asmarini; Additional reporting by Fergus
Jensen; editing by Jane Baird)