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pgn

Business 5 years ago

Fire at Central Java gas facility cuts off supply to power plant, homes

The fire began at about 9:30 a.m. when a disruption in the facility’s thermal oxidizer, which is used to control gas emissions, created sparks that ignited the fuel.

Business 5 years ago

PGN profits drop 77.84 percent in 2019

Indonesia’s top gas distributor, PT Perusahaan Gas Negara (PGN), experienced a significant drop in profit last year.

Business 6 years ago

PGN to conduct joint study on use of LNG for supply trucks

PGN signed a memorandum of understanding agreement with the Indonesian Truck Operators Association (Aptrindo) in Jakarta on March 6 to conduct a joint study on the use of liquefied natural gas in trucks.

Business 6 years ago

PGN to spend $2.5 billion to support PLN’s gasification program

The government has ordered PLN to use natural gas in some of its power plants in order to reduce Indonesia’s oil imports and to increase usage of cleaner fuel sources.

Business 6 years ago

PGN joins with Chinese company to develop LNG business in China

The Chinese company will provide logistical solutions for the plan over the next year.

Business 6 years ago

BPH Migas supports slashing levies on PGN to lower gas prices

PGN requested a gas distribution levy cut on Feb. 3 as a way to lower industrial gas prices.

Business 6 years ago

PGN to lower gas prices ‘hopefully by April’

Indonesia’s largest gas distributor aims to lower industrial gas prices to US$6 per million British thermal unit (mmbtu) by April, from around $8 mmbtu today – a price point that has been considered as burdensome for manufacturing industries.

Business 6 years ago

PGN opens options for imports to lower gas prices

Indonesia’s largest gas distributor is keeping its options open to import cheaper gas to bring down prices and create a more supportive business environment for top-consuming industries as mandated by President Joko “Jokowi” Widodo.

Business 6 years ago

Former minister Arcandra appointed as PGN president commissioner

Former energy and mineral resources minister Arcandra Tahar has been appointed president commissioner of Indonesia’s largest midstream gas business, state-owned PGN.