Gas producers sign $2.3b domestic supply deals
Monday, April 14 2008 - 10:58 AM WIB
Gas producers on Monday signed US$2.3 billion supply deals to domestic consumers, which included power plants, fertilizer plant and gas distributor.
Also signed was LPG offtake deal between PetroChina Jabung and state oil, gas firm Pertamina.
Outgoing BPMIGAS Chairman Kardaya Warnika said that in the past five years some 13.33 TF gas supply deals for domestic users had been signed and currently domestic users had absorbed 48 percent of national gas production. (godang)
| No | Producer(s) | Buyer(s) | Form of Agreement | Length of Contract (Year) | Total Contract Volume (TBTU) |
| 1 | PT Medco E&P Indonesia | PT PLN (Persero) | GSA Amendment | 6 | 38.93 |
| 2 | PT Medco E&P Malaka | PT PLN (Persero) | GSA | 17 | 85 |
| 3 | Premier Oil Natuna BV | Universal Batam Energy | GSA | 15 | 59 |
| 4 | Premier Oil Natuna BV | PLN Batam | GSA | 15 | 86.86 |
| 5 | PT Pertamina (Persero), PT Petrochina International, PT.Medco E&P Indonesia | PT Perokimia Gresik | Short Term GSA | 2.56 | 6 |
| 6 | ConocoPhillips Indonesia | PT PGN (Persero) Tbk. | HoA | 5 | 79.12 |
| 7 | Total E&P Indonesie, Inpex Corporation | Perusda Kelistrikan dan Sumber Daya Energi Kutai Kartanegara regency | MoU | - | - |
| 8 | PT Lapindo Brantas Inc. | PT Indogas Kriya Dwiguna | GSA | 5 | 4.47 |
| LPG Contract | ? | ||||
| 9 | Petrochina (Jabung) Ltd. | PT Pertamina (Persero) | SPA | 1 | 480,000 MT |
| Note: GSA= Gas sales agreement; SPA= Sales purchase agreement; HoA= Head of agreement; MoU= Memorandum of understanding | |||||
| Source: BPMIGAS | |||||