Premier Oil to sign gas deal with Indonesia`s PLN

"Under the planned head of agreement, Premier would supply 149 trillion British thermal units (BTU) of gas to PLN over a 15-year period, the watchdog, BP Migas, was quoted by Reuters as saying in a statement. The watchdog also said that another group of foreign firms,...

Indonesian shares higher in early trade on Wall St gains, PGN leads

Jakarta (ANTARA News) - Indonesian shares were higher in early trade Monday led by gas distributor Perusahaan Gas Negara, with gains on Wall Street Friday lifting sentiment. Miners like nickel producer Inco and tin miner Timah advanced on expectations metal prices will...

Govt yet to raise dividends for Pertamina and PGN

"State Enterprises Minister Sofyan A. Djalil said he still has no intention to raise the dividends from state oil and gas company PT Pertamina and state gas distributor PT Perusahaan Gas Negara (PGN) which would enjoy a windfall profit from next year`s world oil price...

Indonesian state electricity company sealed billion dollar gas deal

"The deals were among 12 gas purchase contracts together worth 6.79 billion dollars signed Tuesday by gas producers and domestic buyers in the sidelines of an international oil and gas conference, Yusgiantoro said. The producers include JOB Pertamina, Petrochina Jabung, Husky...

ConocoPhillips begins gas supply to Indonesia`s PGN

""Gas from the ConocoPhillips field will be delivered gradually starting with 20-50 million cubic feet per day," Heri Yusup, PGN's corporate secretary, told Reuters by phone. "It is expected that the South Sumatra pipeline will transport 480 million cubic feet per day to West...