Indonesia’s PGN inks LNG supply deal with China’s Sinopec

Indonesia's PGN inks LNG supply deal with China's Sinopec
Image courtesy of PGN

Indonesian gas utility company PT Perusahaan Gas Negara (PGN), a unit of state-owned Pertamina, has signed a deal to supply LNG to China’s Sinopec in 2020. 

The company said in its statement that it will provide the volumes from Pertamina’s portfolio without disclosing any specific information on the actual volumes to be delivered under the contract.

Syahrial Muktar, PGN’s director of strategy and business development, said the company is looking to develop the gas and LNG infrastructure along the value chain.

He added that the deal with Sinopec is a cornerstone for the expansion of collaboration in the future. PGN aims to further explore the potential of LNG sales and the development of LNG infrastructure, from terminals, small-scale, LNG bunkering and so on.

In terms of opportunities in China, Syahrial added that based on energy needs and economic growth China is increasingly turning towards LNG imports which opens up a variety of business opportunities to be explored.

Share this article

Follow LNG World News


<< Apr 2020 >>
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >