Of the five deal, estimated revenues 6.12 billion U.S. dollars or equivalent to Rp 59 trillion.

Of the five deal, estimated revenues 6.12 billion U.S. dollars or equivalent to Rp 59 trillion.


Five buy-sell agreement signed oil and gas in the Ministry of Energy and Mineral Resources, on Wednesday (12/26/2012). Of the five deal, estimated revenues 6.12 billion U.S. dollars or equivalent to Rp 59 trillion.

The signing was witnessed by the Head of Temporary Work of Upstream Oil and Gas (SK Gas) Wacik.

The signing was made ​​up of a principal agreement of liquefied natural gas (LNG) between the State Electricity Company (Limited) by BP Berau Ltd, two extension of the purchase agreement between Pertamina LPG contractors working in Jabung, Jambi, and the Bird's Head, West Papua .

Additionally addendum-3 gas purchase agreement from Pertamina EP to the Java-Bali power for electricity generation purposes Freshwater Estuary, as well as amendments to the sale of oil production from the Cepu block to Pertamina for the fulfillment of domestic refineries.

Jero said, in addition to state revenue, LNG shipping deal from BP and additional gas from Pertamina, PLN will save money. "It is estimated at 17.88 billion dollars as replacing diesel to gas," he asserted.

According Wacik, signing it shows the government's commitment to prioritize domestic gas needs. For example, the agreement between BP and PLN to supply LNG through a floating storage facility and regasification (FSRU) in West Java at 23.96 million metric tons from 2013 for 20 years.

The deal is expected to meet the gas demand for electricity Java and Sumatra. It is well to reduce the electricity subsidy burden on the budget revenues and expenditures (budget). "Beginning in 2013, sent two cargo and cargo will rise to 24 by 2019," he said.