South East Asia market snapshot: Biggest gas project in Indonesia's 35 GW programme finally moves ahead
Key stories PLN and PERTAMINA signed a 25-year PPA for the Java-1 project – after 20 months of tendering process, the biggest gas project in the 35 GW programme moves ahead (finally!). Indonesia allows PLN and IPPs to import LNG if prices are below 11.5% ICP – imports could leave PERTAMINA in a long position. Indonesia sets new reference prices for renewables – the impacts will vary depending on the regions and renewable technologies. ExxonMobil signed a project framework HOA and gas sales HOA for CVX in Vietnam – will it delay LNG imports?
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Indonesia allows PLN and IPPs to import LNG if prices are below 11.5% ICP
Indonesia sets new reference prices for renewables