Pertamina Will Supply Three Million Ton LNG to Pakistan and Bangladesh

By : Hariyanto And Aldo Bella Putra | Thursday, January 18 2018 - 18:00 IWST

LNG (Hariyanto/ INDUSTRY.co.id)
LNG (Hariyanto/ INDUSTRY.co.id)

INDUSTRY.co.id - Jakarta - The Indonesian government through PT Pertamina (Persero) plans to disburse 3 million tons of Liquefied Natural Gas (LNG) to the two southern Asian countries, namely Pakistan and Bangladesh.

This decision will be discussed further when President Jokowi will make a working visit to the country in the near future.

"More intensive exploration, if it can fit the President (visiting) there can be up to Sales Purchase Agreement (SPA) .Obviously one of the agenda of ESDM discuss cooperation," said Vice Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar in Jakarta, Wednesday (17/1/2018).

Arcandra explained that each country will receive LNG supply from Pertamina about 1 to 1.5 million tons per year (Million Ton Per Annum / MTPA) with an estimated value of US $ 6 billion. "The trading value of each of these up to US $ 6 billion was the data I received," said Arcandra.

Later, the LNG export process that Pertamina will work with the red plate company of Bangladesh (Petrobangla) and Pakistan (Pakistan LNG Limited). The commitment contract between Pertamina and the two countries will last for 10 years.

This export policy is a follow up of the Memorandum of Understanding (MoU) agreement that has been previously signed between Pertamina and the two countries.

News Comment

Today's Industry

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…

Celebrating 65 Years of Indonesia - Cambodia Relations: Indonesian Embassy in Phnom Penh Organizes Roundtable Dialogue

Senin, 19 Februari 2024 - 17:31 WIB

Celebrating 65 Years of Indonesia - Cambodia Relations: Indonesian Embassy in Phnom Penh Organizes Roundtable Dialogue

Phnom Penh, Cambodia - The Indonesian Embassy in Phnom Penh organised a Roundtable Dialogue celebrating Indonesia-Cambodia Relations for 65 Years at the embassy (13/2). The event was attended…