Minister of ESDM: Seven Companies Sign Gas Sale

By : Hariyanto And Aldo Bella Putra | Wednesday, May 02 2018 - 17:30 IWST

Menteri ESDM Ignasius Jonan (Hariyanto/ INDUSTRY.co.id)
Menteri ESDM Ignasius Jonan (Hariyanto/ INDUSTRY.co.id)

INDUSTRY.co.id - Jakarta - The Minister of Energy and Mineral Resources (ESDM) Ignatius Jonan mentioned that there are seven companies that will sign the gas sale and purchase transactions at the 2018 IPA Convention and Exhibition.

"We are reporting significant transactions that will be signed at the end of the convention at the end of this convention. The first is a gas sale and purchase transaction," Minister Jonan said in his opening speech at the 42nd IPA Convention and Exhibition of the Year 2018 at JCC Senayan, Jakarta, Wednesday (2 / 5/2018)

In front of President Joko Widodo who opened the event, Jonan said the seven gas buyers are PT Petrokimia Gresik purchased from Kangean Block. Then, the second company is PT Pupuk Sriwidjaja Palembang.

"As your directive, that fertilizer is a priority for gas supplied from the national," he told the media crew.

Another company that will sign a gas sale and purchase agreement is PT Pertamina EP for oil and gas lifting, PT Pertamina (Persero) for refinery purposes.

Furthermore, Pertagas for the interests of oil and gas lifting and electricity in Dumai; PT PGN (Persero) for the gas network in Banyuasin regency which is directly channeled to community houses, and Pertagas Niaga for industrial purposes.

The 42nd IPA Convention and Exhibition 2018 was officially opened today by President Joko Widodo, accompanied by the Coordinating Minister for the Ministry of Energy and Mineral Resources Linsut Binsar Panjaitan, Minister of Energy and Mineral Resources (LEM) Jonanti, Head of Special Upstream Business Activities Unit SKK Migas) Amin Sunaryadl, and IPA President Ronald Gunawan.

This year's Convention and Exhibition on the theme "Driving Indonesia's Oil and Gas Global Competitiveness" underscores the need to improve the competitiveness of Indonesia's upstream oil and gas sector at the global level as one of the homework that must be done by the stakeholders in this sector.

Minister Jonan also underlined the role of upstream oil and gas industry as one of the contributors to Indonesia's economic growth.

Therefore, the government continues to make efforts to improve the ease of business process in Indonesia by reducing the number of licenses and bureaucratic reform is done to encourage investment in Indonesia.

News Comment

Today's Industry

Oleg Mogilevsky - Product Marketing Manager at Check Point Software Technologies (Photo by Linkedin)

Selasa, 10 November 2020 - 11:00 WIB

Five Reasons to Reevaluate Your Endpoint Protection

With the new emerging threats caused by remote working standards, security professionals need to reevaluate their approach to protecting endpoints. In order to do so, it’s vital that organisations…

Darrell Adams, Head of Southeast Asia & Oceania, Universal Robots (Photo by LinkedIn)

Selasa, 10 November 2020 - 10:30 WIB

Collaborative Robots Open New Horizons in Quality Control Processes

Collaborative robots (cobots) offer suitable solutions to manufacturers. Hence, cobot-based quality control and inspection systems that can transition between different end products in very…

Ilustration Hackers (Photo by Microwire.info)

Jumat, 30 Oktober 2020 - 11:20 WIB

Organisations Paid Hackers US$23.5 Million for These 10 Vulnerabilities in One Year

HackerOne report reveals cross-site scripting, improper access control, and information disclosure top list of most common and impactful vulnerabilities.

Clean Earth Technologies (CET)

Jumat, 30 Oktober 2020 - 10:30 WIB

Clean Earth Technologies’ New Class Of Polymers Invented By Associate Professor, Justin Chalker, Receives Australian Pm’s New Innovator Award

Associate Professor Justin Chalker has invented a novel class of polymers synthesised directly from elemental sulphur which is a waste by-product of the petrochemical industry and renewable…

Adi Ikan - Network Research & Protection Group Manager, at Check Point Software Technologies (Photo by Linkedin)

Jumat, 30 Oktober 2020 - 10:05 WIB

Measuring the Global Impact of the NSA’s Top 25 Vulnerabilities Being Exploited In the Wild

NSA’s list of top vulnerabilities were used to launch 3 million attacks in 2020, with 2.5 million of those attacks occurring in the last 6 months.