Problematic Gas Contracts in Pertamina
Monday, October 2, 2023
Pertamina is looking for a way out of a number of problematic gas contracts. LNG purchases by several companies could end up in losses.
THE security crisis in Mozambique in the past two years has indirectly saved Pertamina. The war in the country in the southeastern part of the African Continent gave Pertamina a chance to not continue the contract to purchase liquefied natural gas (LNG) from Mozambique LNG1 Company Pte Ltd. This situation was a blessing in disguise because the transaction is alleged to be riddled with problems.
Pertamina has decided to terminate the sales and
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