Indonesia eyes market price for LNG

摘要

Jakarta-Indonesia is determined to get a market price for LNG exported from the Tang- guh project to China's CNOOC. "The new price cannot be below the mar- ket price. It has to be aligned with the market price," Widyawan Prawiraatmaja, SKK Migas' deputy chief for commercial control said, add- ing that assuming the Japan Crude Cocktail price is $100/barrel, the LNG price should be around $14/MMBtu.