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WoodMac: Indonesia's coalbed methane potential looms

09/27/2010
The fledgling coalbed methane industry in Indonesia eventually could deliver as much as 15% of Indonesia's gas supply needs, a recent report from Wood Mackenzie Ltd. says.The report's most optimistic scenario sees Indonesia producing CBM at an initial rate of 22 MMcfd by 2013, ramping up to almost 900 MMcfd in 2020, and 1.3 bcf in 2025, as conventional domestic gas supply starts decreasing in about 2020. The report notes that in practice, production growth will be slower than this.Indonesia currently has 20 active CBM production-sharing contracts in four main areas in Sumatra and Kalimantan. Medco Energi's Rambutan project is the most advanced CBM project in South Sumatra, WoodMac says. O...
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