Tokyo Gas Co. Ltd and PT Pertamina have signed a Memorandum of Understanding (MoU) for cooperation across the LNG value chain in Indonesia.
Indonesia’s power and industrial energy demand is rapidly expanding, as the country’s economy continues to grow. Against this background, demand for LNG and natural gas is also rising.
Until recently, Pertamina and Tokyo Gas have nurtured a good relationship regarding the sale and purchase of LNG. This MoU will now ensure cooperation throughout the LNG and natural gas value chain in Indonesia.
The two companies will consider collaboration in a wide range of areas, from LNG procurement to demand development of LNG and natural gas.
The Tokyo Gas Group will continue to utilise its technologies and expertise in its energy businesses on behalf of customers operating in Southeast Asia and North America, while engaging in local infrastructure development. The Group is also focused on developing the value chain in each region, through establishing partnerships with local energy companies.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/27022015/tokyo-gas-and-pertamina-cooperate-in-lng-332/