Senin, 30 November 2009, 11:51 WIB
VIVAnews - The Dubai World crisis may affect the liquid natural gas (LNG) export markets in Japan, Taiwan and South Korea.
Deputy Head of Upstream Oil and Gas Regulator (BP Migas) Hadi Purnomo said the agency prefers setting up evaluation due to the situation.
"We will evaluate how much the Dubai World crisis affect the demand in LPG," he said on Monday, Nov 30, in Jakarta.
However, he said, the decreasing demand has in fact benefited domestic consumers because the LNG can be allocated for the domestic market.
Earlier, the monetary crisis in the United States caused the LNG consumers from Japan, South Korea and Taiwan cut demand due to halted industries.
The similar statement was said by Chief of Standing Committee at the Indonesian Chamber of Commerce, Ali Herman Ibrahim. According to him, the Dubai crisis will lead to lesser energy demand from Indonesia.
In the meantime, coal and mineral sales will only slightly be affected.
Source: http://en.vivanews.com/news/read/109827-dubai_crisis_affecting_lng_export_to_asia
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