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Petroleum industry

Indonesia Aims to Produce LNG Tankers by 2016 to Meet Growing Domestic Demand

Strategic Insights

— 1 min read

As Indonesia's energy sector continues to grow, the country's shipbuilding industry is expected to play a crucial role in meeting the growing demand for liquefied natural gas (LNG) tankers. The government has set ambitious targets to produce LNG tankers by 2016, with state oil and gas company PT Pertamina planning to involve local shipbuilding industry in its ship procurement. However, the country's shipyards lack the technology to build high-tech oil carriers, with domestic shipbuilding industry currently limited to building ships with capacities of up to 50,000 DWT.

Key Takeaways:

  • Indonesia's shipbuilding industry is expected to produce LNG tankers by 2016 to meet growing domestic demand.
  • The government plans to build three floating LNG terminals, including two off Java and one off North Sumatra, to facilitate gas distribution.
  • PT Pertamina is planning to involve local shipbuilding industry in its ship procurement, but the country's shipyards lack the technology to build high-tech oil carriers.
  • Domestic shipbuilding industry currently has a capacity limit of up to 50,000 DWT, making it unable to build high-tech oil carriers.
  • LNG carriers require sophisticated specifications, including the ability to keep LNG temperature at around 160 degree C below zero.
  • Some local shipyards are expected to be able to build liquefied petroleum gas (LPG) carriers by 2015.

Statistics:

  • Indonesia plans to build three floating LNG terminals by 2016.
  • The country's domestic shipbuilding industry currently has a capacity limit of up to 50,000 DWT.
  • LNG carriers require sophisticated specifications, including the ability to keep LNG temperature at around 160 degree C below zero.
  • PT Pertamina is planning to involve local shipbuilding industry in its ship procurement.
  • Indonesia's energy sector grew significantly in recent years, with a focus on the oil and gas segment.

Sources:

  • "Indonesia Aims to Produce LNG Tankers by 2016" by Asia Pulse, August 23, 2013.
  • "Indonesia to Build Floating LNG Terminals" by ANTARA, August 23, 2013.

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