PGN Gets Additional 2 LNG Cargoes from Tangguh Train III

OIL AND GAS- JAKARTA. PT Perusahaan Gas Negara Tbk (PGN), Indonesia's natural gas transportation and distribution company, is set to receive an additional two LNG cargoes from Tangguh Train III.

Hudi Suryodipuro, the Head of the Program and Communication Division at SKK Migas, confirmed the addition of two LNG cargoes to meet PGN's needs.

"There is an agreement for PGN to receive these two cargoes from Tangguh Train 3. Of course, this will depend on PGN's future needs, and we are having intensive discussions with PGN about these needs," said Hudi at the SKK Migas office on Monday (6/5).

Hudi explained that the additional cargoes are to address a shortfall in PGN's pipeline gas supply.

Previously, PGN announced a shortage of natural gas supply. Therefore, the use of LNG has been proposed as an alternative.

PGN's Corporate Secretary, Rachmat Hutama, stated that LNG is considered the most feasible substitution or solution for customers. The volume provided will follow customer demand, and commercial aspects, and comply with price determination regulations formulated by the regulator, including the dynamics of the latest global energy prices.

"Therefore, it is important to maintain service reliability, secure the natural gas network, and ensure equitable distribution of natural gas to all customers based on the supply received by PGN from suppliers. From the upstream side, the regulator and PGN as a distributor are striving to do their best to provide natural gas volumes to domestic consumers," Rachmat said recently.

Currently, PGN strives to meet all customer segments' natural gas needs by providing Liquefied Natural Gas (LNG) solutions.

Among the efforts being made is to utilize the LNG supply allocation set by SKK Migas and to launch several LNG cargoes in May 2024, brought in by PGN to maintain the gas supply needs of the industry amid the current national natural gas production situation and the ongoing industrial needs that must be continually met.