From LNG Plants to Airplanes

April 29, 2003

Among Pertaminas assets that have become bones of contention are:

Liquefied Natural Gas Plants

Eight trains (production units) at Badak Liquefied Natural Gas (LNG) plant in Bontang, East Kalimantan and six trains at the Arun LNG plant in Aceh. Pertamina holds a 55 percent stake of the LNG plants. Contractors under a production-sharing contract agreement own 30 percent of the plants while Japan Indonesia LNG Company (Jilco) controls the remaining 1

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