Petronas Inks Two Gas Supply Deals

Malaysia's Petronas has inked two gas supply deal with companies from Singapore and Indonesia.

Petronas has agreed to supply 43 million standard cubic feet per day (mmscfd) of natural gas to Singapore Keppel Energy Pte Ltd, a subsidiary of Singapore-listed Keppel Corp Ltd. The deal is reportedly worth $2.2 billion.

Meanwhile, Petronas Carigali Sdn Bhd, the exploration and production arm of Petronas, has signed a deal to supply 50 mmscfd of natural gas to PT Jatim Utama (PJU) in Indonesia.

The company, through its subsidiary Kontraktor Kontrak Kerjasama PC Ketapang II Ltd (KKS Contractor) and PJU signed the agreement .

Under the agreement KKS Contractor will supply gas to PJU from Bukit Tua field of Block Ketapang in East Jawa. PJU will then distribute the gas to PT Pembangkitan Jawa Bali in Gresik.