Platts: Indonesia's 2015 LNG Output to Fall to 258 Cargoes, Fewer Exports Expected

Indonesia's LNG output will fall to 258 cargoes this year, from 298 cargoes in 2014, with fewer cargoes allocated for export but more expected for the domestic market, a senior official at upstream regulator SKK Migas said Friday, January 16.

Rudianto Rimbono, head of SKK Migas' communications division, said Indonesia will export 200 LNG cargoes this year, down from 267 cargoes last year.

The 2015 domestic allocation will rise to 58 cargoes, from 31 in 2014. One cargo typically contains 125,000 cubic meters. The lower LNG production is due to the expiration of some LNG export contracts last year after the government did not want to extend them.

Indonesia's domestic LNG demand is expected to remain limited due to incomplete floating storage regasification units, SKK Migas spokesman Zudaldi Rafdi said Friday. MORE