Former PGN CEO Explains Why PGN’s Projects are Losing Money

The BPK spotlighted projects of Perusahaan Gas Negara in the past. Here is the explanation of Hendi Prio Santoso, CEO of PGN from 2008 to 2017.

Fery Firmansyah

July 24, 2023

THE Supreme Audit Agency (BPK) has spotlighted several projects of the state-owned company, Perusahaan Gas Negara (PGN), in the past. The BPK’s audit tally published in April stated that the company incurred losses worth trillions of rupiah as a result of alleged over-priced projects and miscalculations. To Tempo on Saturday, July 22, Hendi Prio Santoso, PGN Chief Executive Officer (CEO) in 2008-2017, gave explanations about the causes of t

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