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Thursday, April 26, 2007

Pertamina EP signs gas sales deal with Pupuk Sriwijaya, others

Jakarta (ANTARA News) - State oil-and-gas firm PT Pertamina's unit, Pertamina EP, has signed a gas sales deal with four buyers -- PT Pupuk Sriwijaya, PT Titis Sampurna, PT Pertiwi Nusantara and PT Energi Kompresindo.

Under the agreement signed today, Pertamina EP will supply 325.03 trln British thermal units (tbtu) of gas for five years to Pupuk Sriwijaya; 2.19 tbtu to Titis Samurna for three years; 0.87 tbtu for three years to Pertiwi Nusanatara Resources and 0.7 tbtu to Energi Kompresindo, also for three years.

Separately, Pertamina said it signed an agreement today with Chevron Indonesia to purchase 65 tbtu of gas from the latter's Seturian gas field over six years.

The gas will be supplied to Pertamina's Balikpapan gas refinery, the company was quoted by XFN Asia as saying.

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