GDF SUEZ inks a new cooperation agreement protocol with Indonesian operator PGN
GDF SUEZ has recently signed a new cooperation agreement protocol with Perusahaan Gas Negara (PGN), the principal Indonesian operator in the field of natural gas distribution and transportation. The agreement relates to a feasibility study for an on-shore LNG terminal in northern Java. This agreement is the result of a collaboration between the Energy International business line and the Infrastructures Branch, the company said in its press release.
On signing the agreement, Jean-Claude Depail, Executive Vice-President, in charge of Infrastructures business line for GDF SUEZ, declared that “This new agreement represents a significant milestone in developing gas infrastructure projects in Indonesia as part of a long-term strategic partnership with PGN. This partnership is an important new example of the Group’s development strategy for international gas infrastructures that will facilitate access to energy supplies for countries experiencing rapid growth.”
Experience acquired by the GDF SUEZ Group in managing gas infrastructures has been the foundation for such cooperation agreements. PGN will benefit from technical assistance from the different units of the GDF SUEZ Infrastructures business line, particularly in terms of optimising network operations and maintenance and facilitating the commissioning of the new LNG terminal.
The current agreement follows a prior agreement signed in February 2014, which also includes plans for cooperation in training PGN employees in the field of gas technologies, both in France and Indonesia.
GDF SUEZ in Indonesia:
Principal independent electricity producer for the country, with a gross operating capacity of 2035 MW. The Group also has 680 MW of geothermal projects under development. The company is also a leader in the field of natural gas exploration-production, through the Jangkrik project currently under development, and in the fields of energy and environmental services.
The overnment of the Indonesian Republic is the majority shareholder in PGN, which currently serves almost 90,000 residential and 3,000 industrial and commercial customers through a gas network that covers almost 6,000 km (transport and distribution). PGN aims to continue developing this network, taking inspiration from the best operational practices currently in place worldwide.
About GDF SUEZ
GDF SUEZ develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services.GDF SUEZ employs 147,200 people worldwide and achieved revenues of €81,3 billion in 2013. The Group is listed on the Paris, Brussels and Luxembourg stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).