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News - Indonesia

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CBM Asia to Increase Focus on Indonesia

CBM Asia has said that its strategic goal is to acquire, through joint ventures, farm-ins and PSC applications, a significant land position in Indonesia’s rapidly emerging coalbed methane industry with the potential to yield 10-15 Tcf of net recoverable resources. The Company believes that Indonesia’s...

Indonesia May Limit Gas Exports

Indonesia may limit the amount of natural gas which the country exports as the domestic demand of the commodity rises, Xihnua news agency reported. "The government will be careful in deciding on the amount of natural gas for new export contracts. Let's not make it too much because domestic industries...

PetroGas Starts West Papua Gas Well

Singapore based PetroGas Ltd has announced that its North Klalin-1 well, located in Sorong area, West Papua, Indonesia, started producing gas on March 26. The North Klalin-1 well tested 5.867 million standard cubic feet per day of gas and 137 barrels of condensate per day. Initial production rate from...

Indonesia Aims at Increasing CBM Output

Indonesia’s Energy and Mineral Resources Ministry has said that the country plans to produce 500 million standard cubic feet per day (mmscfd) of coal bed methane (CBM) by 2015, Jakarta Post said. Currently, CBM production in Indonesia is still very low and cannot be calculated accurately because...