Kogas plans gas pipeline networks in S. Sumatra, Bali

Korea Gas Corporation (Kogas), which is owned by the South Korean government, plans to develop gas pipeline networks in South Sumatra and Bali and a gas fired power plant with combined estimated investment of US$1.1 billion, Koran Tempo reported on Saturday.

The paper said that Kogas has also expressed interest to build a gas-fired power plant in South Sumatra.

Deputy Chairman of the Investment Coordinating Board (BKPM) Tamba Hutapea was quoted as saying that Kogas plans to build a 202 km gas pipeline in South Sumatra, teaming up with local government-owned company.

He added that MoU for the gas pipeline project, that would link Grissik and Tanjung Api Api Banyuasin special economic zone, has been signed.

Tamba said that Kogas also plans to build a 118 km gas pipeline in Bali.

Meanwhile, the paper quoted Imam Soejoedi, an official at the Indonesia Investment Promotion Center in Seoul as saying that South Korean companies have expressed interest to invest a total of $490 million in the energy sector in Indonesia including in a 50 MW solar power plant project in Medan, a 10 MW biomass power plant, gas receiving terminal, and gas pipeline projects.(*)