ESSA Secures Gas Contract Extension for LPG Refinery

By : Nata Kesuma | Tuesday, September 26 2023 - 07:45 IWST

PT Surya Esa Perkasa Tbk. (ESSA: IJ)
PT Surya Esa Perkasa Tbk. (ESSA: IJ) - Jakarta, 25 September 2023 – PT Surya Esa Perkasa Tbk. (ESSA: IJ), a publicly listed company engaged in the Energy and Chemical sectors through its LPG (Liquefied Petroleum Gas) refinery and Ammonia plant today (22/9) announced the extension of its gas contract with PT Pertamina EP, ensuring a continued and reliable source of energy & feedstock for the LPG refinery operations.

This Contract extension reaffirms ESSA’s commitment to stable operations and manufacturing excellence.

The gas contract extension was signed on 20 September 2023 during the Indonesia Upstream Oil & Gas 2023 (IOG) International Convention at the Bali Convention Center, Nusa Dua, Bali, Indonesia. The Company was represented by Mr. Isenta Hioe as Director, and PT Pertamina EP was represented by Mr. Chalid Said Salim as Director 1 of PT Pertamina EP.

The gas contract extension until 31 December 2027, secures a reliable supply of natural gas to ongoing LPG refinery operations which is critical for reducing Indonesia’s dependence on energy imports. Mr. Vinod Laroya, CEO of ESSA, stated.

“We are delighted to extend our gas contract with PT Pertamina EP. This partnership reinforces our commitment to ensure stable LPG refinery operations, setting the stage for continued growth and innovation. ESSA looks forward to continuing its strong partnership with PT Pertamina EP and leveraging this extended contract to drive innovation, growth, and environmental stewardship”.

News Comment

Today's Industry

Wellington College Independent School Jakarta (WCIJ)

Senin, 29 April 2024 - 05:02 WIB

One of the UK’s Most Established Schools Chooses Jakarta for Their Latest Opening

Wellington College Independent School Jakarta (WCIJ) is thrilled to announce its grand opening in September 2024! As the first private UK school to open in Indonesia, WCIJ, a pioneering co-educational…

Presiden Jokowi

Selasa, 23 April 2024 - 10:29 WIB

President Jokowi Reaffirms Commitment to Farmers’ Welfare

President Joko “Jokowi” Widodo on Monday (04/22) inspected corn harvest in Boalemo regency, Gorontalo province. “Our corn import has decreased significantly from 3.5 million tonnes to…

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

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…