Gas producers sign sales agreements

Some 10 gas producers, appointed by BPMIGAS, agreed on Monday to sell around 367.46 Bbtu per day of gas to a number of buyers, a press release from the oil and gas industry authority said.

The release added that four LPG producers had also signed similar sales transaction with a number of buyers to provide a total of 488,000 tons of LPG per year.

The following is the list of the transaction agreements.

PT Exspan signed sales and purchase gas agreements with state-owned electricity company PLN and electricity company PLTD Gunung Belah to supply 2.40 Bbtu of gas per day.

Exspan also agreed to supply 8.02 Bbtu of gas per day to a company called Simpang Tiga Indralaya.

EMOI/Pertamina signed a letter of intent to supply 50 Bbtu of gas per day to fertilizer firm PT Pupuk Iskandar Muda.

The same gas producer would also supply gas with the same above amount to fertilizer firm PT Asean Aceh Fertilizer.

TotalFinaElf, Unocal, Vico/Pertamina signed interim letter with fertilizer firm PT Pupuk Kaltimantan Timur to supply 65 Bbtu of gas per day for the latter?s first facility.

The same above group would also supply the fertilizer firm?s fourth facility with 50 Bbtu of gas per day.

Conoco Phillips signed an MoU with PLN and Jambi-based electricity firm PLTG Payo Selincah to supply 13.5 Bbtu of gas per day.

Lapindo Brantas signed agreement with state-owned gas distribution firm PGN to supply 42 Bbtu of gas per day for industries in East Java.

Amerada Hess signed the same agreement with PLN and Surabaya-based electricity company PLTG Surabaya to supply 57.44 Bbtu of gas per day.

Santos (Sampang) signed an MoU with PT Indonesia Power to supply some 29.10 Bbtu of gas per day.

Meanwhile, BP West Java signed a sales and purchase agreement (SPA) with J&A Petrochemical Sdn Bhd to supply 190,000 tons of LPG per annum.

PetroChina Int?l signed the same agreement with Petredec Ltd. Bermuda to supply 70,000 tons of LPG per year.

Unocal signed SPA with Marubeni Corp to supply 168,000 tons of LPG per year. It also signed the same agreement with Petredect Ltd to supply 60,000 tons of LPG per year.(Godang)

Gas, LPG Sales and Purchase Agreement No Producer/Seller Buyer Type of Agreement Period Quantity 1 Exspan PLN Gas-fired Power Plant Gunung Belah, E. Kalimantan SPA 11 year 2.40 Bbtu/day 2 Exspan PLN Gas-fired Power Plant Indralaya, S. Sumatra SPA 11 year 8.02 Bbtu/day 3 ExxonMobil PT Pupuk Iskandar Muda (PIM II), Aceh LoI 2 month 50 Bbtu/day 4 ExxonMobil PT Asean Aceh Fertilizer (AAF), Aceh LoI 2 month 50 Bbtu/day 5 TotalFinaElf, Unocal, Vico PT Pupuk Kaltim (PKT-1), E. Kalimantan Interim Letter 6 month 65 Bbtu/day 6 TotalFinaElf, Unocal, Vico PT Pupuk Kaltim (PKT-4), E. Kalimantan Interim Letter 6 month 50 Bbtu/day 7 ConocoPhillips PLN Gas-fired Power Plant Payoselincah, Jambi MoU 6 month 13.5 Bbtu/day 8 Lapindo Brantas PGN for East Java HoA 6 month 42 Bbtu/day 9 Amerada Hess PLN Gas-fired Power Plant Surabaya HoA 6 month 57.44 Bbtu/day 10 Santos (Sampang) PT Indonesia Power Gas-fired Power Plant Grati MoU 6 month 29.10 Bbtu/day 11 BP West Java J&A Petrochemical Sdn Bhd SPA 1 year 190,000 ton LPG/year 12 PetroChina Intl Petredec Ltd Bermuda SPA 1 year 70,000 ton LPG/year 13 Unocal Marubeni Corp SPA 2 year 168,000 ton LPG/year 14 Unocal Petredec Ltd Bermuda SPA 2 year 60,000 ton LPG/year