Minister sets lower gas price for industries in N. Sumatra
Tuesday, February 21 2017 - 05:08 AM WIB
Minister of Energy and Mineral Resources Ignasius Jonan has issued Ministerial Decree No. 434 K/12/MEM/2017 on gas price for industries in North Sumatra capital of Medan and surrounding areas.
The lower gas price has been effective since February 1, 2017, according to the decree obtained by Petromindo.com on Tuesday.
According to the decree, the gas price is calculated based on components including price at the upstream level, pipeline toll fee, and cost of distribution.
Following are the changes in components of gas price for industries in North Sumatra.
Changes in gas price at upstream producer
| No | Buyer | Gas Producer | Volume (BBTUD) | Previous upstream price (US$/MMBTU) | New price per Feb 1, 2017 (US$/MMBTU) |
| 1. | PT Pertamina (Persero)/affiliates | PHE NSO | 4.7 | ?? 7.85 | 6.95+1% 1CP |
| 2. | PT PGN (Persero) Tbk | PT Pertamina EP | 4.8 | ? 8.24 | 6.82+1% 1CP |
| 3. | PT PGN (Persero) Tbk | Triangle Pase Inc | 3.0 | 7.85 | 6.95+1% 1CP |
Changes in gas pipeline toll fee
| No | Shipper | Gas producer | Transmission section | Previous tariff (US$/MSCF) (including VAT) | Tariff per Feb 1, 2017 (US$/MSCF) (including VAT) |
| 1. | PT Pertamina (Persero)/affiliates | PHE NSO | Arun-Belawan | 2.78 | 1.88 |
| 2. | PT Pertamina EP | PT Pertamina EP | Pangkalan Susu-Wampu | 0.92 | 0.80 |
| 3. | PT PGN (Persero) Tbk | Triangle Pase Inc | Arun-belawan | - | 1.88 |
Gas distribution cost
| No | Buyer? | Pipeline owner | Region | Previous distribution cost (US$/M3) | Distribution cost per Feb 1, 2017 (US$/M3) |
| 1. | N. Sumatra industries | PT PGN Tbk | North Sumatra | 1.35 | 0.90 |
Editing by Reiner Simanjuntak