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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.

arsip tempo : 173242167926.

A worker watches the British-flagged Stena Clear Sky unloading its liquefied natural gas (LNG) cargo at Perta Arun Gas’ LNG storage pier in Lhokseumawe, Aceh, February 27. ANTARA/Asep Fathulrahman . tempo : 173242167926.

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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