Revenue PGN Facing Problems in West Java
Portfolio April 26th, 2010
JAKARTA-Income (revenue) PT Perusahaan Gas Negara (PGN), Tbk. threatened if the problem upstream at hand in West Java is not quickly resolved.
Estimated, the production gas in the area can be decreased approximately 20 percent, or for 80-150 million standard cubic feet per day (mmscfd).
“Revenue we can decrease if the problem is not quickly done,” said Director PGN Hendi
Priyo Santoso, after the inauguration Utilization Distribution Network Gas for Household and signing of the Memorandum of Understanding Distribution Network Gas for Household in 2010 in the office of the Ministry of Energy and Mineral Resources, Jakarta, Thursday (18/3/2010).
For that, he revealed the matter will be resolved so that revenues do not need
undermined and it will perform repairs on some equipment in the upstream.
“We will coordinate with the pemeirntah, it was sealed again,” said he.
Meanwhile, for the decline in production nationally, he declared for 300 mmscfd,
including the approximately 80-150 mmscfd it.
As a result, PGN difficult to fulfill contracts already got.
“This we use entirely to meet the contract existing. Not exported, to fulfill the contract it is difficult,” explained her
