PGN, PLN vying for gas from Medco?s block
Friday, June 20 2014 - 08:01 AM WIB
By Godang Sitompul
State owned gas distributor PT Perusahaan Gas Negara (PGN) and state owned electricity firm PT Perusahaan Listrik Negara (PLN) are vying to get gas from the Keramasan field in the South & Central Sumatra block in Riau owned by PT Medco EP Indonesia, according to upstream authority SKK Migas.
Medco currently delivers the gas to its subsidiary PT Meppogen but the seven-year contract between both companies expires at the end of this month.
?The field?s production is decreasing, reaching at 30 mmscfd at present. But, PLN wants it for peeker,? Zuldadi Rafdi, SKK Migas?s spokesman, said.
Zuldadi said PLN wants all the gas production from the field, so does PGN.
Editing by Johannes Simbolon
