The government is currently discussing a Draft Presidential Regulation on Natural Gas Management (“Draft Regulation”) that aims to meet domestic demand for natural gas. The Draft Regulation is also aiming to accelerate infrastructure development as regards compressed natural gas (CNG) and liquefied natural gas (LNG).
In order to achieve these objectives, the Draft Regulation stipulates provisions as regards the following matters:
|
a.
|
National plan for natural gas management;
|
|
b.
|
Regulatory and management agency;
|
|
c.
|
The natural gas industry; and
|
|
d.
|
Gas pricing.
|
......