GDF Suez, PGN Plan LNG Terminal in Northern Java

GDF Suez has recently signed a new cooperation agreement protocol with Perusahaan Gas Negara (PGN), the principal Indonesian operator in the field of natural gas distribution and transportation. The agreement relates to a feasibility study for an on-shore LNG terminal in northern Java.

On signing the agreement, Jean-Claude Depail, Executive Vice-President, in charge of Infrastructures business line for GDF Suez, said: 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.

PGN will benefit from technical assistance from the different units of the GDF Suez Infrastructures business line, particularly in terms of optimising network operations and maintenance and facilitating the commissioning of the new LNG terminal, GDF Suez said in a statement.

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.

Press Release, June 23, 2014

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