Tokyo Gas and PT Pertamina, the Indonesian state-owned oil and gas company, signed a Memorandum of Understanding towards forming a strategic alliance.
Power and industrial energy demand are expanding rapidly in Indonesia as the country’s economy grows strongly. Against this background, demand for LNG and natural gas is rising too. The two companies decided to sign the MOU to cooperate throughout the LNG and natural gas value chain of Indonesia, stands in a joint statement.
The two companies will consider collaboration in a wide range of areas throughout the LNG and natural gas value chain, from LNG procurement to demand development of LNG and natural gas, towards the establishment of a strategic alliance.
Image: Tokyo Gas