Dwindling LNG supply to increase Indonesia’s electricity prices

PLN’s dwindling stock of LNG could cause power plants to shift to crude oil and increase the price of electricity.

This was revealed by Perusahaan Listrik Negara primary energy director Nur Pamudji.

On average, Indonesian power plants require enough fuel to provide 1.000 billion british thermal units per day, but the dwindling LNG supply could only provide 802,74 BBUTD — not enough to fulfill the ever-increasing power demand in Indonesia, metrotvnews.com reported Wednesday.

The baseline price of electricity generated with LNG-powered plants averages at around US$0.0553 per kilowatt per hour, whereas that generated with crude oil could be up to US$0.2212 per kwh.