The Jakarta Post
JAKARTA: PT Pertamina EP and state fertilizer maker PT Pupuk Kujang have sealed a gas-supply agreement worth US$430.4 million.
Under the agreement, signed on Dec. 29, Pertamina will deliver gas from several fields in Java, predominantly from the western part of the island, to a submission point at the Dawuan metering station in Cikampek, West Java.
The amount of gas that will be channeled is 39 million standard cubic feet per day (mmscfd), or 70,200 million standard cubic feet (mmscf) of gas for the contract’s duration of five years: Jan. 1, 2012, to Dec. 31, 2016.
Pertamina EP’s president director, Syamsu Alam, said the gas supply was the manifestation of the company’s support to the country’s industrial sector, particularly the fertilizer industry.
“With this agreement and the improvement in the gas selling price, I believe that the efforts to dis...