• Natural Gas News

    Indonesia's PGN, Gunvor sign LNG pact

Summary

Specifically, PGN has entered into an agreement with Gunvor to supply LNG.

by: Shardul Sharma

Posted in:

Complimentary, Natural Gas & LNG News, Asia/Oceania, Liquefied Natural Gas (LNG), Security of Supply, Corporate, Import/Export, News By Country, Indonesia

Indonesia's PGN, Gunvor sign LNG pact

Perusahaan Gas Negara (PGN), a unit of Indonesian state-run Pertamina, and commodity trader Gunvor have signed an agreement to carry out the sales and purchase of LNG in international markets, Gunvor said on June 30.

Specifically, PGN has entered into an agreement with Gunvor to supply LNG. The LNG supplies from PGN will complement Gunvor’s LNG portfolio, the company said.

Pertamina will support the supply of LNG from its portfolio for PGN’s business into the international market, Gunvor said. The company did not provide any other information about the deal.