Medco E&P Increases Gas Supply for Domestic Market

JAKARTA (TheInsiderStories) –  Simenggaris block, owned by PT Medco E&P Indonesia (Medco E&P), will supply gas with total amount of 21.6 TBTU contract to PT Perusahaan Listrik Negara (PLN). The State-owned power producer PLN will utilize the gas supply until 2028.

Meanwhile, Toili Senoro in Central Sulawesi will supply gas to the total number of contracts amounted to 15.63 TBTU to PLN. From this block, PLN will use the gas supply for nine years until Dec. 4, 2027.

The companies involved with the deal beside PLN are PT Pertamina Hulu Energi consisting of PT Pertamina Hulu Energi Tomori Sulawesi, PT Medco E&P Tomori Sulawesi, Tomori E&P Limited.