We are establishing ourselves as a niche player in providing power solutions in Indonesia.
The Indonesia Power Industry At a Glance
After the financial crisis in 1997, there were very few Power and Oil & Gas investments in the country. With GDP of 4-6% per annum, power demand continues to surge. In certain fast growing region, such as Bali island, electricity continues to grow at an average of 12% annually. With its large economy and diversified product mix, electricity demand is expected to continue to grow at an accelerated rate in Indonesia.
At present, about 22% to 25% of the Indonesian power generation mix comes from diesel, a dirty fuel which is environmentally unfriendly. Therefore, there is a demand for utilizing unconventional sources to generate power.
LPG Market In Indonesia
• In 2007, Indonesia started to convert kerosene to LPG
• In 2010, Pertamina is expected to import 2.5 to 3.0 MTPA of LPG from the International Market
• Presently, many stranded gas fields and flare gas sources consist healthy C3 and C4 content, (Propane and Butane), primary LPG ingredients
• SER plans to install modular LPG plant to strip out the propane and butane and sell into the domestic market