| Coordinating Minister for Economy Strengthens, Domestic Gas Supplies Still Number One |
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| Friday, 18 June 2010 09:09 | |||
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Page 1 of 2 JAKARTA. Domestic gas needs increase along the growing national economy. Coordinating Minister for Economic Affairs, M. Hatta Rajasa Joint Work Meeting between the Government and Commission IV, VI and VII of the House of Representatives affirmed that the domestic gas demand remains a national priority. Also present at the Meeting, Minister of Energy, Industry, Trade, and the Managing Director of SOE State Owned Enterprises Ministry, Wednesday (16 / 6).
Energy policy can not be separated from the national development plan that can not be separated from short-term development plans, medium and long term. Five years into the future the government will continue to push the average economic growth of seven percent, so the projected energy growth between 1.25 to 1.5 percent from national economic growth. National energy policy related to the gas, the Government will continue to prioritize domestic needs while still weigh the value of economics. "The main principle of our domestic interests remains the number one", said Coordinating Minister for Economy, M. Hatta Rajasa. "There should be no words because there is no domestic market, we export only", said Minister. "Our energy policy should give priority to our national economic growth. With increasing national economic growth, especially strategic and supporting industries, oil and gas should we place to encourage the growth of our economy, "continued Hatta. Oil and gas must sustain sustainability. The main principle is to guarantee the supply in our country. Oil and gas must be a stimulus to the growing demand. In addition should ensure availability of fertilizers and LPG as well as other industries, oil and gas must be a stimulus to be more competitive. Whether in the form of LNG and LPG. Subsequently M. Hatta Rajasa states, apart from demand side, supply side must also be our case. Must continue to develop our gas both at sea and in the marginal areas. This principle is important to maintain a balance of supply and demand. We also must think about the pricing policy, its trade off is how much subsidy we give, we can not just give it entirely to the market price, for example 3 kg of LPG, there is always a trade off must be balanced. (SF) www.tenderoffer.biz
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