Indonesia Offers LNG to Japan and South Korea

Indonesia is offering liquefied natural gas supplies to Japan and South Korea from its largest natural gas field of Tanggguh in Papua province, local press said Monday.

LNG supplies to the two countries will consume half of the production in Tangguh, reported leading economic daily Bisnis Indonesia.

Japan agreed to sign the Economic Partnership Agreement (EPA) in exchange for the LNG supplies, the daily said. .

Indonesia is the largest LNG supplier to Japan with export reaching 15.5 million tons a year.