ID :
19796
Tue, 09/16/2008 - 19:48
Auther :
Shortlink :
https://www.oananews.org//node/19796
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TANGGUH LNG PRICE RENEGOTIATION TEAM STARTS WORKING TUESDAY
Jakarta, Sept 16 (ANTARA) - President Susilo Bambang Yudhoyono said the Tangguh liquefied natural gas (LNG) price renegotiation team which was set up through a presidential decree would start working on Tuesday, September 16, 2008.
"The team officially starts working today," President Yudhoyono said before chairing a cabinet meeting on Idul Fitri preparations at his office on Tuesday.
Yudhoyono said the team which was formed at a cabinet session on August 28, 2008 would be directly responsible to him.
The head of state expressed hope that the team would carry out its task transparently without making a noise because its objective was to protect the interest of the state in general and of the people of Papua in particular.
Earlier in the day, Minister/State Secretary Hatta Rajasa said the team was led by Acting Coordinating Minister for Economic Affairs Sri Mulyani Idrawati, and the members were were Energy and Mineral Resources Minister Purnomo Yusgiantoro, State Minister for State Enterprises Sofyan Djalil, Oil and Gas Director General Evita Legowo, chief of the Upstream Oil and Gas Executive Board R Priyono, state oil company PT Pertamina commissioner Umar Said, and Indonesian ambassador to China Sudrajat.
According to Hatta Radjasa, the renegotiating team met President Yudhoyono at 10 on Tuesday morning.
"They are expected to do their job well. Less talk, work a lot. No need to make a lot of empty promises," President Yudhoyono said.
Yudhoyono added that the government had decided to form the team to renegotiate the selling price of Tangguh gas to China because the LNG contract with China was very low and had the potential of causing financial loss to the state.
President Yudhoyono said at a plenary cabinet meeting on August 28 that the coordinating minister for economic affairs would name the members of a strong negotiating team in coordination with related technical ministers, and Vice President Jusuf Kalla would supervise the work of the team to determine a more realistic price and do some benchmarking.
Yudhoyono at the time also asked that members of the team remain free from conflicts of interest and work in accordance with the existing system and rules.
"The team officially starts working today," President Yudhoyono said before chairing a cabinet meeting on Idul Fitri preparations at his office on Tuesday.
Yudhoyono said the team which was formed at a cabinet session on August 28, 2008 would be directly responsible to him.
The head of state expressed hope that the team would carry out its task transparently without making a noise because its objective was to protect the interest of the state in general and of the people of Papua in particular.
Earlier in the day, Minister/State Secretary Hatta Rajasa said the team was led by Acting Coordinating Minister for Economic Affairs Sri Mulyani Idrawati, and the members were were Energy and Mineral Resources Minister Purnomo Yusgiantoro, State Minister for State Enterprises Sofyan Djalil, Oil and Gas Director General Evita Legowo, chief of the Upstream Oil and Gas Executive Board R Priyono, state oil company PT Pertamina commissioner Umar Said, and Indonesian ambassador to China Sudrajat.
According to Hatta Radjasa, the renegotiating team met President Yudhoyono at 10 on Tuesday morning.
"They are expected to do their job well. Less talk, work a lot. No need to make a lot of empty promises," President Yudhoyono said.
Yudhoyono added that the government had decided to form the team to renegotiate the selling price of Tangguh gas to China because the LNG contract with China was very low and had the potential of causing financial loss to the state.
President Yudhoyono said at a plenary cabinet meeting on August 28 that the coordinating minister for economic affairs would name the members of a strong negotiating team in coordination with related technical ministers, and Vice President Jusuf Kalla would supervise the work of the team to determine a more realistic price and do some benchmarking.
Yudhoyono at the time also asked that members of the team remain free from conflicts of interest and work in accordance with the existing system and rules.
