Indonesia Expects New Gas Supply Deal with Singapore

SINGAPORE (Reuters) - Indonesia expects to sign a new long-term contract next week to supply Singapore with piped natural gas via the Grissik-Batam-Singapore Pipeline, the country's Minister for Energy and Mineral Resources Arifin Tasrif said on Tuesday.

Some of the details in the contract are still being ironed out, he told Reuters on the sidelines of the Singapore International Energy Week.

Gas supplies to Singapore commenced on the 291-mile (468-km) pipeline in 2003. The 20-year term contract is due to expire next year.

The Grissik-Batam-Singapore Pipeline is an onshore and deepwater pipeline that starts at South Sumatra in Indonesia and ends in Singapore. It has a maximum diameter of 28 inches.

Operated by PT Transportasi Gas Indonesia. the pipeline is majority-owned by PT Pertamina (Persero).  Other owners include ConocoPhillips, Petroliam Nasional, China National Petroleum and Repsol.

P&GJ staff contributed to this report.

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