Indonesia's PGN, Freeport sign gas supply deal for smelter
Freeport is building a US$3 billion copper smelter in East Java, which is expected to start operating in June
Add BT as a preferred source
INDONESIA’S PT Perusahaan Gas Negara (PGN), a unit of state energy firm Pertamina, has signed a gas supply deal with copper miner PT Freeport Indonesia to power its smelter, the company said on Monday (May 6).
PGN will supply up to 9.49 billion British thermal unit per day (BBTUD) for Freeport’s copper smelter, acid plant and precious metal refinery under a long-term contract, PGN said in a statement.
The company did not provide further details on the period of the contract.
Freeport is building a US$3 billion copper smelter in East Java, which is expected to start operating in June.
Freeport hopes PGN will maintain a reliable gas supply to support its processing activities, Freeport Indonesia chief executive Tony Wenas said in the same statement. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands
