Indonesia to increase fuel provide contract with Singapore by 5 years: Power minister

JAKARTA: Indonesia will lengthen its fuel provide contract with Singapore by 5 years, Power Minister Arifin Tasrif informed reporters on Friday (Oct 28). 

The present contract for piped pure fuel by way of the Grissik-Batam-Singapore Pipeline is because of expire subsequent yr.

He informed Reuters final week that the brand new contract may be signed as early as subsequent week.

Below the brand new contract, Indonesia will doubtless provide a decrease quantity of fuel to Singapore.

“First, home demand can also be rising, after which these wells are additionally depleting,” he stated, with out elaborating.

Fuel provides to Singapore commenced by way of the 468km pipeline in 2003.