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Sunday, 26 April 2020 15:59

The oil price affects world gas production: Former Deputy Minister

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Former Deputy Minister of Energy for Human Resources Arcandra Tahar said, the oil prices would also affect global natural gas production. Tahar, currently is the President Commissioner of the National Gas Company wrote in his social media account, monitored by Antara on Saturday. One of the biggest consumers of natural gas in the world is the United States, with consumption is around 30 trillion cubic feet (tcf) per year. In comparison, Indonesia's natural gas production is around 2.9 tcf per year and around 60 percent is consumed for domestic needs. The US alone exports around 8 bcf per day in the form of LNG to the global market. If the reduction in gas production by 14 bcf per day in the US lasts for two months, there will be a reduction in global gas supply by 840 bcf//Ant

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