JAKARTA (Yosefardi) – State gas distributor PT Perusahaan Gas Negara (PGN) Tbk (PGAS) has signed gas sale and purchase agreement (SPA) with 14 industries sector in Lampung.
The natural gas will be distributed by floating storage and regasification unit (FSRU) in Lampung. The gas distributed totals 1.3 million meter cubic feet per day (mmcfd).
FSRU Lampung gets 5 liquified natural gas (LNG) cargoes from Tanggung this year and will get supply of 14 cargoes next year.
PGN booked net profit of US$176.7 million in first quarter of this year on net revenues of US$841.6 million. Its gas sales reached 875.71 mmscfd, compared to 833.43 mmscfd in the same period of last year.