Gas supply agreements to be signed in Surabaya
Wednesday, June 16 2004 - 08:38 AM WIB
BP MIGAS vice-chairman Kardaya Warnika said that the gas agreements are:
| No. |
Type of Agreement *) | Seller | Buyer | Volume (MMCFD) | Price (US$/MMBTU) | Period (year) | Location |
| 1. | GSA | Premier Oil | SembCorp Gas Pte Ltd | 50 | 2.75 | - | West Natuna to Singapore |
| 2. | GSA | Santos Limited | PT PGN | - | 2.24 | - | Maleo field to East Java |
| 3. | GSA | ConocoPhillips | PT PGN | 50 | 2.49 | - | S. Sumatra to Batam Island |
| 4. | HoA | Kalila Pty Ltd | PT PLN | 10-20 | - | - | Riau Province |
| 5. | HoA | PT Kodeco | PT PGN | 50 | 2.6 | - | East Java |
| 6. | HoA | JOB YPF Pertamina | PT Persada Kriyadwiguna | - | 2.2 | 13 | - |
| 7. | HoA | PT Kodeco | PT Petrokimia Gresik | 50 | 2.5 | - | East Java |
| 8. | MoU | PT Medco Energi | PT PLN | - | - | 15 | Madura Island |
| 9. | MoU | PT Medco Energi | PT Aneka Tambang | - | - | - | C. Sulawesi to SE. Sulawesi |
*) | GSA = Gas Sales Agreement; HoA = Head of Agreement; MoU = Memorandum of Understanding | ||||||
Kardaya also hoped that GSA between state-owned electricity firm PT PLN and ConocoPhillips, for a 400 MMCFD of gas supply from ConocoPhillips? Corridor block in South Sumatra, to PLN?s Muara Tawar, Tanjung Priok, and Muara Karang power plants in West Java, could be signed on that day.
Kardaya added BP MIGAS will on the same day sign two memorandum of understanding to supply LNG with two Chinese firms.(godang)