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2016-05-26: OPEC: Daily Basket Price: $45.43
Kamis, 27 Oktober 2016



Investment Chance of LPG Plants

JAKARTA. The policy of kerosene conversion to LPG increase LPG needs in domestic from 1, 2 million metric ton per year to 5, 6 million metric ton by 2012. The increase makes the development of LPG plants becoming one of investment chance which is so promising.

LPG could be produced both from oil and gas plants. LPG plants made of raw gas, some follow upstream pattern or downstream pattern. For LPG plants of upstream pattern generally are owned by KKKS, while LPG plants of downstream pattern are owned by enterprises which have got license to process natural gas issued by the government.

In 2009, some LPG plants started to operate such as plants owned by ConocoPhilips (Natuna, 420 MTPA), Hess (Ujung Pangkah, 90 MTPA), PT. Media Karya Sentosa (Gresik, 58 MTPA), PT. Yudhistira haka Perkasa (Cilamaya, 44 MTPA), PT Wahana insane Nugraha (37 MTPA) and PT Badak (Bontang, 1000 MTPA).

In 2010, PT Gasuma Fedreal Indonesia (Tuban, 22 MTPA) started to operate and in 2011 is planned to add 131 MTPA from PT. Tuban LPG Indonesia. (AK)