PGN, Jambi sign MoU on gas project
Wednesday, January 16 2002 - 10:40 AM WIB
State gas firm Perusahaan Gas Negara (PGN) and the Jambi provincial administration on Wednesday signed a Memorandum of Understanding (MoU) for building gas infrastructure in the region.
PT Jambi Indo Guna Internasional which is owned by the Jambi administration signed the MoU on its behalf.
The infrastructure includes gas stations and gas pipelines for business corporations and industries.
Investment is expected to be between Rp 100 billion (US$=10,350) and Rp 1 trillion.
Jambi Governor Zulkifli Nurdin said during the signing ceremony they would invite Singapore and Malaysian investors to take part in the project. (Arry)