JAKARTA (Yosefardi) – The joint operating body (JOB) of Pertamina-Medco E&P Tomori Sulawesi has secured US$1.4 billion contracts from PT Panca Amara Utama (PAU), subsidiary of PT Surya Esa Perkasa Tbk (ESSA).
The JOB (Pertamina-Medco-Tomori) will supply 55 mmscf of gas per day, or 248,200 mmscf in total during the period of contract, to ammonia factory owned by PAU.
Medco Energi International Tbk (MEDC) holds 30% interest in JOB, Pertamina holds 50%, and Tomori E&P Ltd owns 20%.