Under the contract, Kalila will supply between 15- 30 billion British thermal unit per day (BBTUD)of gas to a PLN’s power plant in Pekanbaru, Riau province.
The second contract was signed between PT Pertamina EP, a subsidiary of state oil and gas company PT Pertamina, and VICO. Under the contract, Pertamina EP will supply one BBTUD of gas to VICO for six months.
“The gas will be used to increase efficiency of fuel usage at VICO’s oil and gas fields,” BPMigas’s chairman R. Priyono said. The contract is valued at $0.69 million.
The third contract which is a gas sales agreement was between joint operating body (JOB) Pertamina and Medco E&P Simenggaris (JOB PMEP Simenggaris) and a buyer consortium of PT Pertamina Gas and PT Medco Gas Indonesia. The 11 year contract is valued at $216.57 million, with JOB PMEP Simenggaris supplying 20 BBTUD of gas to the same consortium to fuel their methanol plant in Bunyu Island, East Kalimantan.
“We hope that this gas contract will re-energize the dying methanol industry in the area,” Priyono said.
