Singapore Power secures Indonesia gas supply

Singapore's growing industrial sector has spawned another natural gas supply project aimed at importing Indonesian gas into the small island nation.Indonesian state oil firm Pertamina has signed a letter agreement with Singapore Power Co. for the sale of 2.27 tcf of gas over 20 years. Gas deliveries are to begin in mid-2002, moved through a new pipeline that will be built from fields in South Sumatra.Negotiations have moved slowly this year on a similar deal between Singapore's SembCorp and operators of production-sharing contracts in the West Natuna Sea off Indonesia (OGJ, Aug. 9, 1999, p. 23). The details of that arrangement are yet to be finalized.The latest deal was signed bet...

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