Indonesia Sees 63 Uncommitted LNG Cargoes In 2017

Reuters

JAKARTA, Oct 20 (Reuters) - There are currently 63 uncommitted cargoes of liquefied natural gas (LNG) for 2017 delivery from Indonesia's Tangguh and Bontang projects, Wiratmaja Puja, the country's Director General of Oil and Gas, said on Thursday.

"We want these to be sold to committed buyers," Puja said, noting deals for 13 of the cargoes were currently being negotiated.

"It would be real pity if we had to cut production."

In 2018, there were still "more than 60" uncommitted cargoes, he said. "We are still oversupplied."

(Reporting by Wilda Asmarini; Writing by Fergus Jensen; Editing by Joseph Radford)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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