Indonesia To Curb LNG Exports ...Middle East

Economy by : (OILPRICE) -
Indonesia is set to place caps on exports of liquefied natural gas, adding the commodity to a list of critical raw materials subject to export controls. The purpose of the potential limits is to secure sufficient supply for domestic consumption, Bloomberg reports, citing an Indonesian government official. “We believe that this policy will have a positive impact in meeting domestic energy needs, encouraging domestic industry growth, and maintaining existing export commitments,” Jodi Mahardi, deputy coordinating minister for maritime…

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