Pertamina Signed Multiple Gas Sales Agreements with Domestic Firms

SEATTLE (Oil Monster): Pertamina, the state-owned oil firm of Indonesia, declared that it had inked ten gas sales contracts with regional businesses. At a symposium organized by the Indonesian Petroleum Association, this was made public.

PT Pertamina, the Indonesian government-owned energy firm, and local organizations, such as PT Perusahaan Gas Negara (PGN) and PT Perusahaan Listrik Negara (PLN), signed the agreements.

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The agreements are intended to serve domestic industry and energy needs and span several regions of the nation.

Pertamina has agreed to supply PGN's industrial customers in the province of North Sumatra with 11 billion British thermal units (BBTUD) of gas per day. Additionally, 36 BBTUD must be supplied in order to generate electricity, according to an agreement with PLN. The Tanjung Batu and Bontang power stations will receive the gas delivery.

The agreements are intended to support the Indonesian government's attempts to strengthen the nation's domestic supply chain for natural gas. Along with guaranteeing a steady supply of gas to emerging areas, they will also promote industrial development in a number of areas throughout the nation. The new contracts will also aid in securing energy supplies in areas remote from the nation's major economic hubs.