Exported to 70 Percent Higher Price

JAKARTA, KOMPAS.com - Gas will be produced from the field-Senoro Donggi can be exported as much as 70 percent of its products with stringent requirements.

The composition of 30 percent for domestic consumption and 70 percent of exports will provide maximum benefit to the national interests or areas of Central Sulawesi.

"However, this composition can only be made on terms of gas price-Senoro Donggi follow Badak LNG price formula. In addition, the development of gas-Senoro Donggi should also follow Badak LNG development, "said mining analysts, Kurtubi, in Jakarta, Sunday (05/16/2010).

Kurtubi said that the selling price formula adopted for Badak LNG can be described with reference price of crude oil, for example 80 dollars per barrel, resulting in the selling price of gas from the field Rhino can be sold at the level of 13.3 U.S. dollars per MMBTU.

The bad example is the selling price of Tangguh gas crude oil price was set at the maximum 38 dollars per barrel and gas prices produce only 3.36 U.S. dollars per MMBTU and should not be increased again.

"Do not imitate the Tangguh gas prices. In fact, the technical officials should approve the Tangguh gas price formula investigated, so that this nation to learn from these bad experiences, "he said.

On a separate occasion, Coordinating Minister for Economy Hatta Rajasa said a special team that handles the gas field development strategy Donggi-Senoro will expose directly to President Susilo Bambang Yudhoyono plans to be taken related to the government in the use of gas-Senoro Donggi. The final decision will be taken after exposure to it. (Oin)

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