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UPDATE 1-Indonesia plans to sell 10 cargoes of lNG to spot market in H1 2019- energy ministry official

Tue, 05th Mar 2019 06:02

March 5 (Reuters) -

* Indonesia plans to sell 10 cargoes of LNG to spot marketin thefirst half of 2019, said energy ministry official DjokoSiswanto, who is director general of oil and gas.

* There will be 1 cargo in April and 2 cargoes in May fromBontangLNG plant, 4 cargoes in June from Tangguh LNG plant, and 3cargoes in March, May, and June from Donggi Senoro LNG Plant, hetold a forum on Tuesday.

* Indonesia has 40 excess cargoes of LNG until 2025,Siswantosaid.

* The energy ministry has approved for BP Indonesia toexport 84LNG cargoes from Train 3 Tangguh LNG plant to Singapore between2020 to 2025.

* Starting next year, 4 cargoes will be shipped followed by16cargoes per year from 2021 to 2025.

* The price will be 12.33 percent of Japan crude cocktail,saidSiswanto.(Reporting by Wilda Asmarini)

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