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PGN Aims 14 BBUTD Natgas Development Potential in South Sulawesi
WINDONESIA October 21, 2024
Signing of an MoU by PGN on Oct. 4, 2024, in Makassar City, South Sulawesi about natgas usage development potential in South. (Antara/PGN)
Pertamina Gas Negara (PGN), state-owned oil and gas company Pertamina's gas subholding unit, is targeting a 15 Bilion British Thermal Unit per Day (BBUTD) natural gas (natgas) development potential in South Sulawesi Province for the domestic industrial sector through the signing of two memorandums of understanding (MoUs).
"PGN seeks to achieve synergy from collaboration that would be beneficial for the development of industry and the regional economy. All parties are expected to be able to immediately follow up [the MoUs) so that the cooperation is realized and natgas could be one of the [industry] attracting invesments," PGN Commercial Director Ratih Esti Prihatini said during her statement in Jakarta on Oct. 7, 2024.
The two MoUs on natgas usage development potential in South Sulawesi was signed by PGN on Oct. 4, 2024.
First, PGN signed an MoU with KSO Indogawa and Siantar Tara Sejati to meet natgas needs of power plants in South Sulawesi. The potential supply of natural gas for this need is 5 BBTUD.
Second, PGN signed an MoU with the Pattene Industrial Park, which owns an area of 1,000 hectares (ha) with around 50 industrial tenants, thus potentially expanding the company's market penetration.
The number of tenants in the industrial area is expected to increase, so the potential for natgas sales will also rise. Ratih added that PGN is committed to maintaining the availability of natgas supply so that the energy could be used optimally.
As a national natural gas aggregator, PGN provides pipeline gas, liquefied natgas (LNG), and compressed natural gas (CNG) services, so that the form of natural gas distribution can be carried out according to clients' needs.
"This collaboration is valuable for PGN, which is currently developing the [natgas] market in Sulawesi. In addition, PGN wants the use of natgas in the clean energy mix to increase, especially in Central and Eastern Indonesia. Through this commitment, PGN hopes to contribute to reducing carbon emissions during the energy transition period," Ratih stated.
Source: www.antaranews.com