PetroChina inks 3 gas sales agreements at Bandung forum

09 Aug '24

1 min read

PetroChina inks 3 gas sales agreements at Bandung forum

Pic: PetroChina

Insights

PetroChina signed three gas sales agreements with PT Pertamina Hulu Rokan, PT Gemilang Jabung Energi, and PT Perusahaan Gas Negara during the Gas Forum 2024 in Indonesia.
The forum, hosted by SKK Migas, aimed to boost collaboration and understanding of gas infrastructure.
SKK Migas is focused on optimising domestic gas production and consumption for future growth.

PetroChina International Jabung Ltd. on June 21, 2024, signed three gas sales agreements with PT Pertamina Hulu Rokan, PT Gemilang Jabung Energi and PT Perusahaan Gas Negara. As part of Production Sharing Contractors (PSCs) in Indonesia and the operator of Jabung Working Area, PetroChina is committed to prioritize gas allocation for domestic consumption.

President Director Qian Mingyang, assisted by Vice President Business Support Gusminar and Commercial Manager Kamisah, signed the agreement on the sidelines of Gas Forum 2024, hosted by upstream oil and gas regulator SKK Migas in Bandung, West Java.

The forum recorded the investment commitment worth Rp 94.4 trillion and witnessed 27 gas sales agreements, including PetroChina’s three agreements. According to SKK Migas, the forum was expected to raise understanding for the importance of gas infrastructure to optimize the natural gas lifting and distribution. The event invited numerous stakeholders in gas industry in Indonesia and aimed at increasing collaboration initiatives to develop the sector. SKK Migas has vowed to optimize domestic gas production and consumption, saying that the industry has significant prospects in the future.