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Indonesia Considering Moratorium on Gas Exports
The Indonesian government acknowledged on Wednesday that it was considering a moratorium on the signing of new contracts for natural gas exports, saying the country needed the gas more to support national development.
Evita Legowo, the director general for oil and gas with the Energy and Mineral Resources Ministry, said gas exports did generate income for the state, but using it directly for domestic purposes would have “multiplier effects” that boosted local industries and the national economy.
http://www.thejakartaglobe.com/business/indonesia-considering-moratorium-on-gas-exports/528628
Evita Legowo, the director general for oil and gas with the Energy and Mineral Resources Ministry, said gas exports did generate income for the state, but using it directly for domestic purposes would have “multiplier effects” that boosted local industries and the national economy.
http://www.thejakartaglobe.com/business/indonesia-considering-moratorium-on-gas-exports/528628
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