Monday, 17 June 2019 | 12:02 WIB

2017 Natural Gas Production Target Already Reaches 96.61 Percent

Oil and Gas Director General Ego Syahrial.

JAKARTA, NETRALNEWS.COM - The national target of Indonesia's natural gas production in 2017 has reached 96.61 percent, according to data from the Directorate General of Oil and Gas (Ditjen Migas).

Based on a report from the Ministry of Energy and Mineral Resources (ESDM) received by Antara in Jakarta on Sunday (9/17/2017), reportedly up to September 14, 2017, year-on-year average national gas production reaches 7,606 Million Standard Cubic Feet per Day (MMSCFD). This figure reached 96.61 percent of the Work Plan and Budget (WP&B) target in 2017.

"We are optimistic about exceeding the target set in 2017 WP&B," said Oil and Gas Director General Ego Syahrial.

Production of natural gas in Indonesia went up in July 2017. According to a report by the Directorate General of Oil and Gas, the average natural gas production in July 2017 was 7.781 MMSCFD.

"According to the data that we have synchronized with the Oil and Gas Executive Task Force [SKK Migas] there is a rise by 212 MMSCFD compared to the previous month of 7,569 MMSCFD," he said.

Several factors contributed to the growth of national natural gas production, including first, the average production of Pertamina EP has increased by 30.46 MMSCFD from the previous 1,024.26 MMSCFD to 1,054.82 MMSCFD. "There is an increase in production performance from the Matindok and Subang blocks," explained Ego.

Second, Eni Muara Bakau B.V also experienced a rise in the average gas production from 192.39 MMSCFD to 450.90 MMSCFD or by 258.51 MMSCFD.

Third, a gas increase of 153.49 MMSCFD produced by ConocoPhillips Grissik Ltd. thanks to optimum absorption by consumers. (*)