GDF Suez to help PGN with feasibility study for on-shore LNG terminal
GDF SUEZ has signed a cooperation agreement with Perusahaan Gas Negara (PGN), the principal Indonesian operator in the field of natural gas distribution and transportation, related to a feasibility study for an on-shore LNG terminal in northern Java.
This agreement is the result of a collaboration between the Energy International business line and the Infrastructures Branch of GDF SUEZ.
Jean-Claude Depail, Executive Vice-President, in charge of Infrastructures business line for GDF SUEZ, stated:
This new agreement represents a significant milestone in developing gas infrastructure projects in Indonesia as part of a long-term strategic partnership with PGN. This partnership is an important new example of the Group’s development strategy for international gas infrastructures that will facilitate access to energy supplies for countries experiencing rapid growth.
Experience acquired by the GDF SUEZ Group in managing gas infrastructures has been the foundation for such cooperation agreements. PGN will benefit from technical assistance from the different units of the GDF SUEZ Infrastructures business line, particularly in terms of optimising network operations and maintenance and facilitating the commissioning of the new LNG terminal.
The current agreement follows a prior agreement signed in February 2014, which also includes plans for cooperation in training PGN employees in the field of gas technologies, both in France and Indonesia.
GDF SUEZ is the principal independent electricity producer for Indonesia, with a gross operating capacity of 2035MW. The Group also has 680MW of geothermal projects under development. The company is also a leader in the field of natural gas exploration-production, through the Jangkrik project currently under development, and in the fields of energy and environmental services.
The government of the Indonesian Republic is the majority shareholder in PGN, which currently serves almost 90,000 residential and 3,000 industrial and commercial customers through a gas network that covers almost 6,000 km (transport and distribution).
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