09:28 GMT25 September 2020
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    St. Petersburg International Economic Forum 2017 (183)
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    The Indonesian Ministry of Energy and Mineral Resources will discuss Gazprom's possible investment into liquefied natural gas (LNG) infrastructure at the St. Petersburg International Energy Forum (SPIEF), the ministry's head of oil and gas told Sputnik.

    ST. PETERSBURG (Sputnik) — The 21st SPIEF is scheduled for Thursday-Saturday and is expected to gather high-ranking politicians and prominent business leaders from dozens of countries. The Rossiya Segodnya International Information Agency is the official media partner of the forum.

    "We will hold a meeting with Gazprom, discuss investments in the construction of LNG infrastructure, terminals," Wiratmaja Puja said Thursday.

    He noted that Indonesia needs to attract $48 billion to develop its LNG infrastructure, adding "we will discuss which part Gazprom could finance."

    Moreover, Indonesia expects to sign final documents on Indonesia's Tuban oil refinery construction with Russia's Rosneft by year-end, he said.

    He estimated the cost of investment at $12-15 billion.

    The Rossiya Segodnya International Information Agency which includes Sputnik is the official media partner of SPIEF.

    Topic:
    St. Petersburg International Economic Forum 2017 (183)

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    Tags:
    liquefied natural gas (LNG), Gazprom, Russia, Indonesia
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