Forums and Chat for Indonesia's English-speaking community
Topic Options
Rate This Topic
#64494 - 06 Nov 07 06:21 ANT/Government adviced to spur energy diversification
biznews Moderator Offline
Pujangga Besar

Registered: 24 Apr 08
Posts: 7508
Loc: Jakarta
Government adviced to spur energy diversification

Jakarta (Antara News) - The government needs to spur energy diversification in an effort to anticipate various energy problems in the future, House of Representatives (DPR) Speaker Agung Laksono said here on Monday.

He said energy problems should be anticipated, especially in relation with its retrenchment following the hikes in the world crude oil price.

The House speaker said the hikes in the world`s oil prices to US$90 per barrel recently were really alarming, and if they continued to rise until the end of December, it would influence the amended 2007 state budget because the oil subsidy would also increase.

"Actually the standard price of crude oil is US$60 per barrel," Agung said, adding that Indonesia at present was an importer of low quality crude oil and exporter of good quality crude.

But because of increasing fuel oil consumption at home, oil imports were also increasing.

"Such a condition will become a burden for the national economy as a whole and therefore the government should anticipate it," the House speaker said.

To anticipate the fluctuations in world oil prices, Agung said the government should immediately anticipate it by issuing various policies on non-renewable resources.

He said the government should take several strategic measures by increasing the capacity of national oil production, inviting both domestic and foreign investors to conduct oil exploration, and economize on fuel oil use. (*)
_________________________
Jawawa.net: Indonesian Business and Investment News Aggregator

Top
#64495 - 06 Nov 07 06:40 Re: ANT/Government adviced to spur energy diversification [Re: KuKuKaChu]
Dilli Offline
Pujangga Besar

Registered: 26 Feb 06
Posts: 8044
Loc: Nearest Bar
I reckon they should harness the hot air from Pesta Blogger. That should power a few hospitals and schools.
_________________________
Menace to Sobriety


Top
#64497 - 06 Nov 07 06:46 Re: ANT/Government adviced to spur energy diversification [Re: Dilli]
KuKuKaChu Moderator Offline
Pooh Bah

Registered: 09 Oct 05
Posts: 10790
Loc: Centre of the Universe
the hot air from pesta blogga seems to have dissipated very quickly, as i predicted it would. but then it served ong's purpose, i guess.
_________________________
KuKuKaChu: dangerously too sophisticated

Top
#64500 - 06 Nov 07 06:51 Re: ANT/Government adviced to spur energy diversification [Re: KuKuKaChu]
Dilli Offline
Pujangga Besar

Registered: 26 Feb 06
Posts: 8044
Loc: Nearest Bar
Indcoup has posted a nice little article yesterday!
_________________________
Menace to Sobriety


Top


Moderator:  biznews, NetCop