GDF SUEZ signs cooperation with PGN
Monday, June 23 2014 - 10:59 AM WIB
French energy firm GDF SUEZ has recently signed a new cooperation agreement with PT Perusahaan Gas Negara (PGN), the state gas transmission and distribution company, to conduct a feasibility study for an on-shore liquefied natural gas (LNG) terminal in northern Java.
GDF Suez said in a press release on Monday that the agreement was the result of a collaboration between the Energy International business line and the Infrastructures Branch.
On signing the agreement, Jean-Claude Depail, Executive Vice-President, in charge of Infrastructures business line for GDF SUEZ, declared that ?This new agreement represents a significant milestone in developing gas infrastructure projects in Indonesia as part of a long-term strategic partnership with PGN.
?This partnership is an important new example of the Group?s development strategy for international gas infrastructures that will facilitate access to energy supplies for countries experiencing rapid growth,? he added.
The press release stated that experience acquired by the GDF SUEZ Group in managing gas infrastructures has been the foundation for such cooperation agreements. PGN will benefit from technical assistance from the different units of the GDF SUEZ Infrastructures business line, particularly in terms of optimizing network operations and maintenance and facilitating the commissioning of the new LNG terminal.
The current agreement follows a prior agreement signed in February 2014, which also includes plans for cooperation in training PGN employees in the field of gas technologies, both in France and Indonesia
Editing by Benget Besalicto ST