Singapore Power secures Indonesia gas supply

10/04/1999
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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