Firms scheduled to sign gas supply contracts today
Monday, May 31 2010 - 02:21 AM WIB
A number of companies are scheduled to sign gas supply contracts on Monday (today), oil and gas upstream sector regulator BPMIGAS said.
The companies include state owned companies PT Perusahaan Gas Negara and PT Pertamina and American firms ConocoPhilips and Chevron Pacific Indonesia, the agency said in a statement sent to Petromindo.com.
Details of the contracts are as follows:
| No | Buyer | Designated seller | Producer | Type of Agreement | Period (year) Starting | Flow Rate (BBTUD) | Volume (TBTU) |
| 1. | PT Chevron Pacific Indonesia | ConocoPhillips (Grissik) Ltd. | ConocoPhillips (Grissik) Ltd. | Amended & Restated Petroleum Transfer and Exchange Agreement ("ARPTEA") | 4/2010 | 203.8 - 25.4 | 77.95 |
| 2. | PT Chevron Pacific Indonesia | ConocoPhillips (Grissik) Ltd. | ConocoPhillips (Grissik) Ltd. | Amended & Restated Gas Supply and Exchange Agreement ("ARGSEA") | 12/2010 | 171.3 - 80 | 1177.37 |
| 3. | PT Perusahaan Gas Negara (Persero) tbk. For RAPP - IKPP dan Pertamina UKUI | ConocoPhillips (Grissik) Ltd. | ConocoPhillips (Grissik) Ltd. | GSPA | 5/2010 | 12.5 | 22812.5 |
| 4. | PT Perusahaan Gas Negara (Persero) tbk. For RAPP - IKPP and Pertamina UKUI | ConocoPhillips (Grissik) Ltd. | ConocoPhillips (Grissik) Ltd. | Amendment of the Corridor Block to Western Java Area Gas Sale and Purchase Agreement | 5/2010 | 12.5 | - |
| 5. | PT Pertamina Gas For Proyek NGL Plant S. Sumatra (E-1 Pertagas) |
PT. Pertamina EP | PT. Pertamina EP | GSPA | 13/2013 | 22 | 114.78 |
| Total | 24,182.60 |
||||||
| Source: BPMIGAS | |||||||
| No | Type of Agreement | First Parties | Second Parties |
| 1. | Seller's Appointment Agreement ARPTEA | BPMIGAS | ConocoPhillips (Grissik) Ltd. |
| 2. | Seller's Appointment Agreement ARGSEA | BPMIGAS | ConocoPhillips (Grissik) Ltd. |
| 3. | Gas Transportation Agreement for Additional Supply to Rokan Block | ConocoPhillips (Grissik) Ltd. | PT Transportasi Gas Indonesia |